In re Greville Bathe Fund v [2013] 2 JLR 402 (17 October 2013)

In re Greville Bathe Fund v [2013] 2 JLR 402 (17 October 2013)

The court approved the inclusion of modern administrative powers in the consolidated trust instrument, finding it expedient and beneficial to the trust as a whole under its discretionary power pursuant to Trusts (Jersey) Law 1984, art. 47(3).

Citation
[2013] 2 JLR 402
Parties
Applicant: Greville Bathe Fund
Jurisdiction
Jersey
Judgment Date
17 October 2013
Procedural Posture
Trusts Application / Judgment
Outcome
Application granted
Legal Topics
Powers and Duties of Trustees, Management or Administration Powers, Trusts (jersey) Law 1984, Art. 47(3)
Trusts Powers and Duties of Trustees Management or Administration Powers Trusts (jersey) Law 1984, Art. 47(3)

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Parties

Greville Bathe Fund

Applicant

Procedural Posture

Trusts Application / Judgment

Legal Issues

  1. 1 Whether the court should confer management or administration powers on trustees under Trusts (Jersey) Law 1984, art. 47(3)

Ratio Decidendi

The court approved the inclusion of modern administrative powers in the consolidated trust instrument, finding it expedient and beneficial to the trust as a whole under its discretionary power pursuant to Trusts (Jersey) Law 1984, art. 47(3).

Court Disposition

Application granted

Orders

  • Inclusion of modern administrative powers in the consolidated trust instrument approved