19 May 2016
GREENWOOD, DANIELL, MCLENNAN, BEETHAM AND BAUMANN [2016] NZHC 1034
- Citation
- [2016] NZHC 1034
- Court
- High Court
The Court found the proposed amendments to the Trust Deed were within the jurisdiction of ss 32 and 33 CTA and would facilitate administration and the charitable purposes, and therefore approved them; the Court declined to rely on s 33 to approve the related transactions but instead gave directions under s 66 Trustee Act permitting the trustees to enter into the proposed sale, lease and tenancy with Beetham Pastural Ltd and Mr Beetham and to modify those agreements as authorised by the new deed, and directed that the trustees may meet the application and Attorney-General's costs from trust as…