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SCHEDULES

SCHEDULE 2MINOR AND CONSEQUENTIAL AMENDMENTS

The Trustee Act (Northern Ireland) 1958 (c. 23)

11.  In section 23 (reversionary interests, valuations, and audit)—

(a)in subsection (1) for “in good faith” substitute “if they have discharged the duty of care set out in section 1(1) of the Trustee Act (Northern Ireland) 2001”; and

(b)in subsection (3) omit “in good faith” and at the end insert “if the trustees have discharged the duty of care set out in section 1(1) of the Trustee Act (Northern Ireland) 2001”.