Breach of fiduciary duty by co-member or co-protector

Neither the foundation council nor any member or protector shall be liable for a breach committed by a co-member or co-protector, or by a preceding or succeeding member or protector unless– (a) he becomes or ought to have become aware of the breach; and (b) he fails to take all reasonable steps to remedy the beach, to mitigate the effect of the breach, to protect or restore the affected endowment or to prevent the continuation of the beach within a reasonable time.