Section 8
Duties and responsibilities of members, etc.
of Tabung Angkatan Tentera Act 1973
A member of the Lembaga, a member of the Investment Panel, a member of the committee of the Lembaga, officers and servants of the
Lembaga shall—
(a)
at all times, exercise his powers in accordance with this Act for a proper purpose and in good faith in the best interest of the Tabung; and
(b)
exercise his duties and responsibilities with reasonable care, skill and diligence based on the knowledge, skills and experience which may reasonably be expected of a person having the same duties and responsibilities.
(2)
A member of the Lembaga, a member of the Investment Panel, a member of the committee of the Lembaga, officers and servants of the
Lembaga who has breached or failed to comply, has contributed to the breach or non-compliance or has contravenes any provision of this Act may, for any loss or damage caused by his act or omission, be held personally liable.