New South Wales Consolidated Acts New South Wales Consolidated ActsA receipt for money paid to the Trust which:
(a) is executed under the seal of the Trust, or
(b) is in writing signed by not fewer than 2 trustees, or
(c) is in writing signed by a person or persons purporting to be duly authorised for the purpose by the Trust or by not fewer than 2 trustees,exonerates the person by whom or on whose behalf the money is paid from any liability for the loss, misapplication or non-application of the money.