SCHEDULES

SCHEDULE 1E+W Application of duty of care

InvestmentE+W

1E+WThe duty of care applies to a trustee—

(a)when exercising the general power of investment or any other power of investment, however conferred;

(b)when carrying out a duty to which he is subject under section 4 or 5 (duties relating to the exercise of a power of investment or to the review of investments).