This is the original version (as it was originally enacted).
(1)The Charities Act 2011 is amended as follows.
(2)After section 128 insert—
(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.
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