{
  "url": "https://openlegislation.uk/charities-the-peabody-donation-fund-order-1997/schedule-1/paragraph-7",
  "json_url": "https://openlegislation.uk/charities-the-peabody-donation-fund-order-1997/schedule-1/paragraph-7.json",
  "legislation": "uksi/1997/1711",
  "legislation_title": "The Charities (The Peabody Donation Fund) Order 1997",
  "legislation_url": "https://openlegislation.uk/charities-the-peabody-donation-fund-order-1997",
  "path": "schedule/1/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": "Delegation",
  "text": "Where the Governors make any delegation under this Schedule they shall do so on terms that:\n(a) the Investment manager shall comply with the terms of his delegated authority;\n(b) the Investment Manager shall not do anything which the Governors do not have power to do;\n(c) the Governors may with reasonable notice revoke the delegation or vary any of its terms in a way which is consistent with the terms of this Scheme; and\n(d) the Governors shall give directions to the Investment Manager as to the manner in which he is to report to them all sales and purchases of investments made on their behalf.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1997/1711/schedule/1/paragraph/7",
    "retrieved_at": "2026-10-29T12:05:45.458266+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}