Victorian Current Acts Victorian Current Acts(1) A receipt, if given by the trustees of library land or by any committee of management of library land and relating to rents under a lease of that land, is sufficient discharge to the lessee and the lessee need not enquire as to the application of the rent.
(2) A person lending money to the trustees of library land—
(a) need not enquire as to the application of the money lent; and
(b) is not liable for the loss or misapplication of any money so lent.