Part 2Express trusts
12Meaning of express trust
For the purposes of this Act, an express trust means a trust that—
- has each of the characteristics set out in section 13; and
- complies with section 14; and
- is created in accordance with section 15.


When you are looking at the law about trusts, an express trust has some specific features. It must have the characteristics outlined in section 13. You can find more information about what an express trust is by looking at what it must do.
An express trust must also comply with the rules in section 14. This means that the trust must follow certain guidelines. The trust must be created in accordance with section 15, which explains how to set up the trust.
You can learn more about express trusts by reading these sections of the law. They will help you understand what an express trust is and how it works. The law explains the details of express trusts in these sections.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7382877.
For the purposes of this Act, an express trust means a trust that—