Moeahu v Winitana - Waiwhetu Pa No 4 (2014) 319 Aotea MB 166 (319 AOT 166) [pdf, 164 KB]
...test for acting honestly was whether the trustees had acted as an honest person would have acted in the circumstances. According to re Grindey, Clews v Grindey reasonably means reasonably as a trustee. 12 [29] In Wong v Burt the Court of Appeal put it this way: 13 In our view, this is not a case where the trustees can claim the protection of s 73 of the Trustee Act 1956. The expression “honestly and reasonably” is conjunctive. It was not merely unreasonable – it was...