Trusts : implications of the Law Commission's report / by Geoff McLay
By: McLay, Geoff.Publisher: Wellington, N.Z. : New Zealand Law Society Continuing Legal Education, 2013Description: 47 p. ; 30 cm.Subject(s): Trusts | Trustees | Trustee Act 1956 -- New Zealand
|Item type||Home library||Call number||Status||Date due||Barcode||Item reserves|
|Book||New Zealand||361 TRU (Browse shelf)||Not for loan||CA006773|
THE LAW COMMISSION'S REPORT ON THE REVIEW OF THE LAW OF TRUSTS : Background and conceptual issues -- Core trust concepts in the new Act -- Trustees -- Court powers and jurisdiction -- General trust issues. SUMMARY OF RECOMMENDATIONS : Characteristics and creation of a trust -- Trustees' duties -- Trustees' powers -- Investment -- Appointment and removal of trustees -- Custodian and advisory trustees -- Revocation and variation -- Reviewing the actions of trustees -- Other powers of the court -- Jurisdiction of the courts -- Resolving disputes outside the courts -- The public trust -- Trustee's indemnity, corporate trustees and insolvency -- Perpetuities and the maximum duration of trusts -- Relationship property and trusts.
Provides the Law Commission's report on the Review of the Law of Trusts that was tabled in Parliament in 2013. Recommends a new Trusts Act to replace the Trustee Act and outlines 51 specific recommendations for reform.