Section 68 — Trusts Act 2019: Trustee’s duties to keep appointments under review and to fulfil general duty of care
Text of the provision Official document
68 Trustee’s duties to keep appointments under review and to fulfil general duty of care (1) If a trustee exercises a power under section 67(1) or any comparable power in the terms of the trust, the trustee must— (a) keep under review the arrangements under which the appointee acts and how those arrangements are being put into effect; and (b) if the circumstances make it appropriate to do so, consider whether the trustee should exercise any power to intervene (for example, a power to give directions to the appointee, or to amend, revoke, or replace the appointment). (2) The general duty of care in section 29 applies to the exercise of a power under section 67(1) . (3) This section applies despite section 28 .
Official source: legislation.govt.nz
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