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11 In section 42 (supplementary provisions as to property vested in official custodian), for subsection (1) substitute the following subsection—N.I.
“(1) Subject to the provisions of this Act, where property is vested in the official custodian in trust for a charity, the official custodian shall not exercise any powers of management, but regulations made by the Department may provide that the official custodian shall as trustee of any property—
(a)have such powers, duties and liabilities, and be entitled to such rights and immunities, as may be prescribed by the regulations, and
(b)be subject to the control and orders of the Court as the regulations may provide.”.