If any proceedings, civil or criminal, it appears to the court
hearing the case that a person is or may be liable in respect of negligence, default, breach of duty or
breach of trust but that he has acted honestly and reasonably and that having regard to all the
circumstances of the case he ought fairly to be excused for the negligence, default, breach of duty or
breach of trust, the court may relievehim either wholly or partly from his liability on such terms as it may
think fit.
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