| Trustee Act 2000 |
| 2000 Chapter 29 - continued |
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PART I |
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THE DUTY OF CARE |
| The duty of care. |
1. - (1) Whenever the duty under this subsection applies to a trustee, he must exercise such care and skill as is reasonable in the circumstances, having regard in particular-
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(a) to any special knowledge or experience that he has or holds himself out as having, and |
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(b) if he acts as trustee in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession. |
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(2) In this Act the duty under subsection (1) is called "the duty of care".
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| Application of duty of care. |
2. Schedule 1 makes provision about when the duty of care applies to a trustee.
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