20 Sept 2019
In the Matter of PETER JOHN CRAIG [2019] NZHC 2386
- Citation
- [2019] NZHC 2386
- Court
- High Court
The Court approved the ten‑year postponement under s64A because the variation was in the best interests of the potential minor beneficiaries, avoided penal tax consequences from a deemed distribution, had the consent of adult beneficiaries, did not unfairly conflict with the settlor's intent given unforeseen zoning/tax circumstances, and there was no prejudice from granting relief without notice or appointing litigation guardians.