New South Wales Consolidated Acts

BURNS PHILP TRUSTEE COMPANY LIMITED ACT 1990 - SECT 9

9 Liabilities for breach of trust etc not affected by this Act

(1) Nothing in this Act affects any liabilities of Burns Philp for breach of trust, misfeasance, non-feasance or the exercise of or failure to exercise any discretion in the capacity of trustee occurring before the appointment of a provisional liquidator to Burns Philp on 19 October 1990.

(2) Nothing in this Act affects any rights of Burns Philp to indemnity in respect of those liabilities.