This Act starts on the day that is 18 months after it gets the Royal assent. You can think of the Royal assent as the final approval from a high authority. When this Act gets that approval, you have to wait 18 months for it to start.

However, one part of the Act, called subpart 5 of Part 9, starts on the day after it gets the Royal assent. This means you don't have to wait 18 months for that specific part to begin.

The rest of the Act will start 18 months later, as mentioned earlier.

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This page was last updated on 18 July 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7382819.

Topics:

Money and consumer rights > Banking and loans

1: Title, or

"What is the Trusts Act 2019?"

3: Purpose, or

"What the Trusts Act 2019 is trying to achieve"

2Commencement

This Act comes into force on the day that is 18 months after the date on which it receives the Royal assent.
However, subpart 5 of Part 9 comes into force on the day after the date on which this Act receives the Royal assent.