When you are part of an express trust, you are considered an adult at 18 years old. You will see words like adult, child, and minor used in the terms of a trust, and these words are based on your age being 18 or over. These words must be understood in relation to being 18 years old.
This rule about being 18 years old overrides what is said in section 4(1) of the Age of Majority Act 1970. You can find this act on the New Zealand legislation website, but for express trusts, you just need to remember that 18 is the important age. This means that for express trusts, you do not need to look at the Age of Majority Act 1970 to know what age is considered an adult.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7382886.
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For the purposes of an express trust, the age of majority is 18.
In the terms of a trust the expressions adult, child, full age, infant, infancy, minor, minority, full capacity, majority, and similar expressions must be read in accordance with subsection (1).
This section overrides section 4(1) of the Age of Majority Act 1970.
