SCHEDULE 1 Application of Duty of Care
Trustee Act 2000 (2000 c 29) | Legislation

SCHEDULE 1 Application of Duty of Care

Section 2

Investment

1

The duty of care applies to a trustee—

(a)     when exercising the general power of investment or any other power of investment, however conferred;

(b)     when carrying out a duty to which he is subject under section 4 or 5 (duties relating to the exercise of a power of investment or to the review of investments).

Acquisition of land

2

The duty of care applies to a trustee—

(a)     when exercising the power under section 8 to acquire land;

(b)     when exercising any other power to acquire land, however conferred;

(c)

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