25 Sept 2013
The YMCA New Zealand Soldiers Great War Memorial Trust [2013] NZHC 2516
- Citation
- [2013] NZHC 2516
- Court
- High Court
The Court held it was inexpedient to continue the original memorial-building purpose because the site had been sold and the building and funds were unsuitable for erecting or maintaining a memorial building; the proposed new trust deed is directed to charitable purposes and is sufficiently close to the original charitable intent to permit a variation under s 32; the proposed administrative changes (replacement of trustee by the National Board and addition of contemporary investment powers) facilitate the administration of the trust under s 33; accordingly the scheme was approved and the trust…