Point in time view as at 14/03/2012.
Charities Act 2011, Paragraph 4 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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—E+W
(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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