22 Apr 2008
HAYNES & ORS-TRUSTEES OF THE SPENCER MASON TRUST HC AK CIV-2006-404-000992
- Citation
- openlaw-98a39579_9e4b_4ccc_83f3_2674635522ff.pdf
- Court
- High Court
The Court granted the requested variations because they were necessary to ensure effective administration in light of statutory change, they were consistent with and advanced the settlor's identified purpose, they did not substantially alter that purpose, and expanding investment powers to align with s13A permitted prudent diversification for the benefit of beneficiaries.