text: **10. Indemnification**
  
  Article 177 of the Company’s Constitution provides that the Company indemnifies each person who is or who has been an “officer” (as defined in 
  the Corporations Act) of the Company against any liability to another person (other than the Company or a related body corporate) arising from their 
  position as such officer, unless the liability arises out of conduct involving a lack of good faith. The Company has insured against amounts which it 
  is liable to pay pursuant to Article 177 or which it otherwise agrees to pay by way of indemnity. Article 177 also provides for an indemnity in favour 
  of an officer or auditor (KPMG) in relation to costs incurred in defending proceedings in which judgement is given in their favour, or in which they 
  are acquitted or the Court grants relief. 
  
  In conformity with Article 177, the Company is party to Deeds of Indemnity in favour of each of the Directors referred to in this report who held 
  office during the year and certain executives of the consolidated entity, being indemnities to the full extent permitted by law. There is no monetary 
  limit to the extent of the indemnity under those Deeds and no liability has arisen thereunder during or since the financial year. 