12Receipts for mortgage and purchase moneys etc

#### 12 Receipts for mortgage and purchase moneys etc 12 Receipts for mortgage and purchase moneys etc > The receipt in writing of a majority of the Trustees or of any person or persons authorised by such majority in writing to receive the same for the mortgage moneys raised on any property mortgaged by the Trustees or for the purchase money of any property sold under this Act or for any moneys which shall be payable to them when exercising any of the powers hereby conferred upon them or when exercising any of the powers for the time being vested in the General or the Director of the Social Work as the case may be under and by virtue of the said recited Deeds Poll shall exonerate the mortgagee and/or the purchaser and/or all other persons for the time being paying such moneys to the Trustees, or the person or persons authorised as aforesaid from seeing to the application of the same, and from all liability as to the misapplication or non-application thereof and from inquiring into the propriety or necessity of any mortgage or sale, lease, or other dealing whatsoever.