Trusts Act 2019

Appointment and discharge of trustees - Appointment of trustee

98: How trustee is appointed

You could also call this:

"How to become a trustee of a trust"

Illustration for Trusts Act 2019

You can become a trustee in a few ways. You might be appointed by the person who sets up the trust when it is created. You might also be appointed by someone who has been chosen to pick new trustees, and they will do it in the way that the trust says.

You can also become a trustee under section 113 or 114. This means there are rules that say how you can be appointed as a trustee in certain situations. These rules are part of the law that governs trusts.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7383012.


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97: Statutory trustee may be sole trustee, or

"A trust can have just one trustee, called a statutory trustee, in charge of it."


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99: How trustee accepts or rejects appointment, or

"Accepting or rejecting a trustee job: saying yes or no to being in charge of a trust"

Part 5Appointment and discharge of trustees
Appointment of trustee

98How trustee is appointed

  1. A trustee may be appointed—

  2. by the settlor on the creation of the trust; or
    1. by the person or persons nominated for the purpose of appointing new trustees in the terms of the trust in the manner specified in those terms; or
      1. under section 113 or 114.