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StatuteTrusts Act 2019

Section Sch5-23 — Trusts Act 2019: Land holding trust not subject to maximum duration rule

Text of the provision Official document

23 Land holding trust not subject to maximum duration rule No rule of law or provisions of an Act, including section 16 of the Trusts Act 2019,— (a) prescribe or restrict the period during which the land holding trust may exist; or (b) apply in relation to the rights conferred by section 11 of this Act.

Official source: legislation.govt.nz

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