Statute
Section 94 — Trusts Act 2019: Duty to exercise power to remove or appoint trustee honestly and for proper purpose
Text of the provision Official document
94 Duty to exercise power to remove or appoint trustee honestly and for proper purpose A person with the power to remove or to appoint trustees must exercise any power of removal or appointment— (a) honestly and in good faith; and (b) for a proper purpose.
Official source: legislation.govt.nz
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