Charitable Trusts Act 1957

Miscellaneous provisions

52: Expenses of scheme

You could also call this:

“How to pay for making and sharing a plan for charitable trusts”

If a plan is made and approved under this Act, it can say that all reasonable costs related to preparing, reviewing, and advertising the plan can be paid for using the property, income, or money that the plan affects. This means that if you have a plan for managing charitable trusts, you can use the trust’s resources to cover the expenses of creating and sharing that plan.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM309985.


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Part 5 Miscellaneous provisions

52Expenses of scheme

  1. Any scheme prepared and approved under this Act may provide that all reasonable expenses of or incidental to preparing, perusing, and advertising the scheme shall be paid out of and be a charge upon the property or income or money affected.

Compare
  • 1908 No 164 ss 27, 44