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Kennerley Trust Act 2015
6No action lies in respect of failure to act
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6 No action lies in respect of failure to act
(1) In this section –
proposed defendant means a person who acted, or purportedly acted, in the position of Trustee or Trust Governor at any point before the commencement day.
(2) No action lies against a proposed defendant in relation to any loss incurred by a person, if the loss is only incurred by the person as a consequence of the proposed defendant failing to perform or exercise, any function or power specified within the Trust Deed.