http://www.legislation.gov.uk/id/nia/2001/14/schedule/1

SCHEDULES

SCHEDULE 1APPLICATION OF DUTY OF CARE

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).