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Trusts Act 2019

Trustees’ powers and indemnities - Powers of trustee - Investment powers

58: Trustee has power to invest

You could also call this:

"A trustee can use trust property to try to make more money or value."

Illustration for Trusts Act 2019

A trustee can invest trust property in any type of property they choose. You can think of a trustee as someone who looks after property for someone else. When a trustee invests trust property, they are trying to make the property more valuable over time.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7382950.

Topics:
Money and consumer rights > Banking and loans
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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"

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59: Matters which trustee may consider in exercising power to invest, or

"Things to consider when making investment decisions for a trust"

Part 4Trustees’ powers and indemnities
Powers of trustee: Investment powers

58Trustee has power to invest

  1. A trustee may invest trust property in any property.

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