Queensland Consolidated Acts

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QUEENSLAND INVESTMENT CORPORATION ACT 1991 - SECT 4

4 Entitlement of trustee to be indemnified

For the purposes of this Act, a trustee, merely because the relevant trust has no assets, or the assets of the relevant trust are insufficient to indemnify the trustee in respect of the liability concerned, does not cease to be entitled to be fully indemnified out of the assets of the relevant trust in respect of the liability.



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