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Trusts Act 2019

Trustees’ powers and indemnities - Powers of trustee

56: General powers of trustee

You could also call this:

"What a trustee can do to manage the trust property"

Illustration for Trusts Act 2019

As a trustee, you have certain powers. You have the power to manage the trust property, which means you can do everything an owner of the property can do. You also have the power to do everything needed to carry out the trust, including things that are related to managing the trust property, as mentioned in paragraph (a).

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7382947.

Topics:
Money and consumer rights > Banking and loans
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55: Beneficiary may be required to pay cost of giving information, or

"Trustees can ask beneficiaries to pay for trust information"

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57: Status of provisions on specific powers of trustee, or

"What special jobs a trustee can do and how they work"

Part 4Trustees’ powers and indemnities
Powers of trustee

56General powers of trustee

  1. A trustee has the following general powers:

  2. all the powers necessary to manage the trust property including, in relation to the trust property, all the powers of an absolute owner of the property:
    1. all the powers necessary to carry out the trust, including powers incidental to those in paragraph (a).