(a) takes any action in relation to property which is not realisable property, being an action which a receiver would be entitled to take if it were realisable property, and
(b) believes, and has reasonable grounds for believing, that he or she is entitled to take that action in relation to that property,
is not liable to any person in respect of any loss or damage resulting from the action except in so far as the loss or damage is caused by his or her negligence.
