(1) A member is not personally liable for anything done or omitted to be done in good faith—
(a) in the exercise of a power or the discharge of a duty under this Act; or
(b) in the reasonable belief that the act or omission was in the exercise of a power or the discharge of a duty under this Act.
(2) Any liability resulting from an act or omission that would but for subsection (1), attach to a member of the Trust, attaches instead to the Trust.
S. 16D inserted by No. 34/1995 s. 8.