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StatuteTrusts Act 2019

Section 91 — Trusts Act 2019: Protection relating to notice when person trustee of more than 1 trust

Text of the provision Official document

91 Protection relating to notice when person trustee of more than 1 trust (1) This section applies to a trustee acting for more than 1 trust. (2) The trustee is not, unless the trustee is acting in bad faith, to be taken to have notice of a matter in relation to a trust only because notice of the matter is, or was, given to the trustee when acting for another trust. (3) In this section, matter includes document, fact, and thing. Compare: 1956 No 61 s 36 ; Draft Trusts Bill 2013 cl 111 (Qld)

Official source: legislation.govt.nz

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