Charitable Trusts Act 1957

Schemes in respect of charitable funds raised by voluntary contribution

41: Extension of powers or alteration of mode of administration of trust

You could also call this:

"Changing how charity money is managed when it's difficult"

Sometimes, it might be hard to manage money or income that people have donated for charity. If this happens, you can make changes to make things easier. You can give the trustees (the people looking after the money) more powers or change how they look after the money.

If you want to make these changes, you need to follow some special rules. These rules are explained in other parts of this law.

This law doesn't stop you from using other powers that trustees might have. These other powers might come from a law called the Trusts Act 2019, or from other laws. It also doesn't change what's said in section 86 of the Public Trust Act 2001.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM309971.


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"Rules for using charity money for different purposes when the original plan doesn't work"


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42: Contributor or money holder may proceed under this Part, or

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Part 4Schemes in respect of charitable funds raised by voluntary contribution

41Extension of powers or alteration of mode of administration of trust

  1. If in any case it is made to appear that the administration of any money, or income from money, to which this Part applies could be facilitated by extending or varying the powers of the trustees or by prescribing or varying the mode of administering the trust on which the money or income is held, the powers of the trustees may be extended or varied, and the mode of administering the trust may be prescribed or varied, in the manner and subject to the provisions hereafter contained in this Part.

  2. Nothing in this Part shall restrict the powers that are or may be conferred on the court or the trustees by or under the Trusts Act 2019 or any other Act or by law or restrict the operation of section 86 of the Public Trust Act 2001.

Notes
  • Section 41(2): amended, on , by section 161 of the Trusts Act 2019 (2019 No 38).
  • Section 41(2): amended, on , by section 170(1) of the Public Trust Act 2001 (2001 No 100).