Part 3Trustees’ duties and information obligations
Duties of trustee: Mandatory duties
24Duty to act in accordance with terms of trust
A trustee must act in accordance with the terms of the trust.
Trusts Act 2019
Trustees’ duties and information obligations - Duties of trustee - Mandatory duties
24: Duty to act in accordance with terms of trust
"Trustees must follow the trust's rules"
If you are a trustee, you must do what the trust says you should do. You have to follow the rules that are set out in the trust. This means you must act in accordance with the terms of the trust.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7382903.