Section 26

No matter or thing done and no contract entered into by the

Authority and no matter or thing done by a member, an officer, a servant or an agent of the Authority acting under the direction of the

Authority shall, if the matter or thing was done or the contract entered into bona fide for the purposes of this Act, subject such member, officer, servant or agent personally to any action, liability, claim or demand in respect thereof, and expenses incurred by the Authority or such member, officer, servant or agent in connection therewith shall be paid out of the funds of the Authority.