2 Oct 2020
The New Zealand Institute for Cancer Research Trust [2020] NZHC 2600
- Citation
- [2020] NZHC 2600
- Court
- High Court
The Court approved the amended deed because the deletion of the winding-up provision, explicit limits on amendment powers to prevent exhaustion of assets, and the imposition of a five per cent annual cap on capital application addressed the Court's and Attorney-General's concerns, and the Attorney-General reported the scheme and deed were proper and could be approved.