Section 750(1)

Any provision contained in— is void in so far as it would have the effect of exempting a trustee of the deed from, or indemnifying him against, liability for breach of trust where he fails to show the degree of care and diligence required of him as trustee, having regard to the provisions of the trust deed conferring on him any powers, authorities or discretions. a trust deed for securing an issue of debentures, or any contract with the holders of debentures secured by a trust deed,

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Source: legislation.gov.uk · retrieved 2026-09-04