South Australian Consolidated Acts South Australian Consolidated Acts13D—Power of court to set off gains and losses arising from investment
(1) The court may,
when considering an action for breach of trust arising out of or in respect of
an investment by a trustee where a loss has been or is expected to be
sustained by the trust, set off all or part of the loss resulting from that
investment against all or part of the gain resulting from any other investment
whether in breach of trust or not.
(2) The power of set
off conferred by subsection (1) is in addition to any other power or
entitlement to set off all or part of any loss against any property.