- Y Diweddaraf sydd Ar Gael (Diwygiedig)
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Finance Act 1968
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- Deddfau Cyhoeddus Cyffredinol y Deyrnas Unedig
- 1968 c. 44
- Schedule 15.
- Limitation of liability of...
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Nodweddion Uwch
- Dangos Graddfa Ddaearyddol(e.e. Lloegr, Cymru, Yr Alban aca Gogledd Iwerddon)
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Rhagor o Adnoddau
Changes over time for: Cross Heading: Limitation of liability of trustees
Version Superseded: 21/07/2008
Alternative versions:
- 01/02/1991- Amendment
- 14/12/2001
Point in time - 21/07/2008- Amendment
Status:
Point in time view as at 14/12/2001.
Changes to legislation:
There are currently no known outstanding effects for the Finance Act 1968, Cross Heading: Limitation of liability of trustees.
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Limitation of liability of trusteesU.K.
10(1)Where on a claim against a trustee or tenant for life made in pursuance of this Schedule by the Board or some other person it is shown to the satisfaction of the Board that the rights of indemnification of the trustee or tenant for life out of the trust estate are, otherwise than by negligence or default on his part, insufficient to provide for his reimbursement, the Board shall give such directions for the limitation or release of his liability as appear just and equitable.U.K.
(2)Sub-paragraph (1) above shall not apply to a claim against a trustee for any amount in respect of which the trustee could have made an election or given a notice under paragraph 6 of this Schedule.
(3)Where a person who has paid any part of the special charge proves to the satisfaction of the Board that by reason of directions under sub-paragraph (1) above he is deprived of the right to recover any amount in respect thereof, the Board shall repay that amount to him.
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