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Trusts Act 2019

Miscellaneous provisions - Investigation of condition and accounts of certain trust property

157: Application to court to determine who bears costs of investigation

You could also call this:

"Asking the court to decide who pays for investigating a trust"

Illustration for Trusts Act 2019

If you are Public Trust, a trustee, or a beneficiary, you can ask the court to decide who pays for the costs of an investigation. The court can give directions on how to split the costs of the investigation, including the investigator's pay and other expenses, between the trustees, some trustees personally, and some beneficiaries. You can ask the court to charge these costs to the trust property or to individual people.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7383102.

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156: Costs of investigation borne by trustees, or

"Trustees normally pay for the cost of investigating a trust"

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Part 8Miscellaneous provisions
Investigation of condition and accounts of certain trust property

157Application to court to determine who bears costs of investigation

  1. Public Trust, a trustee, or a beneficiary may apply to the court for an order for directions on how the remuneration of the investigator and the other expenses of the investigation (including Public Trust’s charges) should be apportioned between the trustees (as a charge on the trust property), 1 or more trustees in a personal capacity, and 1 or more beneficiaries.