S.L. 575.4 Art. 15Indemnity of Government and officers.

(1) The Accountant General and any person acting under his authority shall not be liable in respect of any payment or act duly made in accordance with the provisions of these regulations and any such payment shall, subject to the provisions of these regulations concerning the rights of third parties, be deemed to have been a valid payment, and the receipt by the person or persons to whom the money was paid shall be a full discharge to the Accountant General for such payment.

(2) Where any payment in respect of Malta Government Stock is issued to any person or persons who is/are neither the holder/ s nor a person/s otherwise entitled by or under these regulations to receive such payment, then if it is shown that:

(a) the payment was issued in good faith and without negligence; and

(b) the issue of the payment to that person/s is attributable to some act or omission on the part of the holder/s or of the person/s otherwise entitled to receive payment;

the payment shall, saving the provisions of these regulations concerning the rights of third parties, be deemed to have been duly issued to the holder or the person entitled to receive payment.

(3) The Accountant General shall not be liable for any delay in the completion of any payment if the delay is outside the direct control of the Treasury Department.