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Section 674: Rights as personal representative or trustee

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 18: Acquisition by limited company of its own shares — Chapter 1: General provisions

Where the company is a personal representative or trustee, there shall be disregarded any rights that the company has in that capacity including, in particular—

any right to recover its expenses or be remunerated out of the estate or trust property, and
any right to be indemnified out of that property for any liability incurred by reason of any act or omission of the company in the performance of its duties as personal representative or trustee.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.