Section 287 — Property Law Act 2007: When person executes instruments in fiduciary capacity for purposes of section 286
Text of the provision Official document
287 When person executes instruments in fiduciary capacity for purposes of section 286 (1) For the purposes of section 286 , a person executes an instrument in a fiduciary capacity if that person executes the instrument as a trustee, as an administrator, as a manager of property of a person under the Protection of Personal and Property Rights Act 1988 , under an order of a court, or in any other fiduciary capacity. (2) For the purposes of section 286 , an instrument executed by Public Trust acting otherwise than as agent or attorney must be taken, in the absence of evidence to the contrary, to have been executed in a fiduciary capacity. (3) This section does not limit section 286 . Compare: 1952 No 51 s 75
Official source: legislation.govt.nz
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