New South Wales Consolidated ActsAll persons who, at any time before the commencement of this Act, were members of the committee of management or were trustees of the trust property, and the estates of all deceased members of the committee, and of all deceased trustees of the trust property are hereby released and discharged from all claims and demands which, before the commencement of this Act, arose out of contract or tort or otherwise in relation to the ownership, management or administration of the trust property.