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.