Saving provision: validity of things done by trustees
178 Saving provision: validity of things done by trustees
Anything done or omitted to be done before the commencement day by a trustee of a trust (as defined in section 3(1)) that would not have constituted a breach of trust had the Health Services (Further Amendment) Act 1998 been enacted at the time at which the thing was done or omitted to be done is not to be regarded as constituting a breach of trust and the trustee is not liable for breach of trust on account of that act or omission.
Nothing effected by the Health Services (Further Amendment) Act 1998 is to be regarded as making a trustee of a trust (as defined in section 3(1)) liable for breach of trust on account of anything done or omitted to be done before the commencement day by the trustee that would not have constituted a breach of trust had the Health Services (Further Amendment) Act 1998 never been enacted and on and from that day the trustee is not liable for breach of trust on account of that act or omission.
In this section commencement day means the day on which section 13 of the Health Services (Further Amendment) Act 1998 comes into operation.
S. 178A inserted by No. 2/2001 s. 104.
This Act’s bill:Second reading speech
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