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Charities Act 2011
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- UK Public General Acts
- 2011 c. 25
- SCHEDULE 2
- Paragraph 4
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Performance of functions and liability for loss or misapplication of property
4(1)The official custodian is not liable as trustee for any charity in respect of any loss or of the misapplication of any property unless it is occasioned by or through the wilful neglect or default of—
(a)the official custodian, or
(b)any person acting for the official custodian.
(2)But the Consolidated Fund is liable to make good to a charity any sums for which the official custodian may be liable because of any such neglect or default.
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