18 May 2018
LOCKER v BROWNING [2018] NZHC 1127
- Citation
- [2018] NZHC 1127
- Court
- High Court
The Court held that s52 Trustee Act 1956 authorises vesting registered land held in the name of an incapable trustee into the newly appointed trustees and therefore made a vesting order transferring the interest in Certificate of Title WNC4/1063 (1 Marine Parade, Ōtaki) to the present trustees; the Court declined to vary the Trust Deed because there was no pressing need, potential doubt as to effectiveness of the proposed clause given statutory constraints, and the matter of reform is before Parliament, but granted procedural directions that the originating application and service arrangement…