Hong Kong Ordinances

TRUSTEE ORDINANCE - SECT 60

Power to relieve trustee from personal liability

If it appears to the court that a trustee, whether appointed by the court or
otherwise, is or may be personally liable for any breach of trust, whether the
transaction alleged to be a breach of trust occurred before or after the
commencement of this Ordinance, but has acted honestly and reasonably, and
ought fairly to be excused for the breach of trust and for omitting to obtain
the directions of the court in the matter in which he committed such breach,
then the court may relieve him either wholly or partly from personal liability
for the same. [cf. 1925 c.19 s.61 U.K.]