PART 2Charity land
Dispositions and mortgages
I1I221Advice etc from charity trustees, officers and employees
1
The Charities Act 2011 is amended as follows.
2
After section 128 insert—
Advice etc from charity trustees, officers and employees
128AAdvice etc from charity trustees, officers and employees
1
Subsection (2) applies to—
a
a report by a designated adviser for the purposes of section 119(1)(a),
b
advice on a proposed disposition for the purposes of section 120(2)(a),
c
proper advice in connection with a mortgage of land for the purposes of section 124(2), and
d
proper advice in connection with a mortgage of land for the purposes of section 124(7).
2
For the purposes of the provisions mentioned in subsection (1), it does not matter if the report or the advice (as the case may be) is provided—
a
by a charity trustee or an officer or employee of the charity or of the charity trustees, or
b
in the course of a person’s employment as an officer or an employee of the charity or of the charity trustees.
3
In section 124 (restrictions on mortgages), in subsection (8), omit from “and such advice” to the end.