452. No defence or indemnity

Notwithstanding anything to the contrary in any other law or anything contained in the instrument by or under which a receiver is appointed—

it shall not be a defence to proceedings against a receiver for a breach of the duty imposed by section 451, that the receiver was acting as the grantor’s agent or under a power of attorney from the grantor;

a receiver shall not be entitled to compensation or indemnity from the property in receivership or the grantor, in respect of any liability incurred by the receiver arising from a breach of the duty imposed by section 451.