26CBreach of trust as to investments, Court may set off losses against gains

##### 26C. Breach of trust as to investments, Court may set off losses against gains (1) The Court may, when considering an action for breach of trust arising out of or in respect of an investment by a trustee where a loss has been, or is expected to be, sustained by the trust, set off all or part of the loss resulting from that investment against all or part of the gain resulting from any other investment whether in breach of trust or not. (2) The power of set off conferred by subsection (1) is in addition to any other power or entitlement to set off all or part of any loss against any property. [Section 26C inserted: No. 1 of 1997 s. 6.]