Schedule

In Article 6 at the end of paragraph (e) delete the full stop and substitute “; or”;

In Article 6 after paragraph (e) insert the following new paragraph:

“(f)

the payment by the Institution of premiums for the provision of indemnity insurance to cover the liability of the members of the Council which by virtue of any rule of law would otherwise attach to them in respect of any negligence, default, breach of trust or breach of duty of which they may be guilty in relation to the Institution; provided that any such insurance shall not extend to any claim arising from any act or omission which the members of the Council knew to be in breach of trust or breach of duty or which was committed by the members of the Council in reckless disregard to whether it was a breach of trust or breach of duty or not and provided also that any such insurance shall not extend to the costs of any unsuccessful defence to a criminal prosecution brought against the members of the Council in their capacity as Trustees of the Institution.”