Skipper v Gibson - Ngāti Tawhirikura Hapū Charitable Trust (2025) 498 Aotea MB 148 (498 AOT 148) [pdf, 415 KB]
...Special Resolution has been passed the Trustees may then wind up the Trust in accordance with section 24 of the Charitable Trusts Act 1956. Transfer of property on winding up 28.2 On the winding up of the Trust, the Trust Fund after the payment of costs, debts and liabilities must be transferred to another charitable entity: (a) that the Trustees in their absolute discretion are satisfied has been established for exclusively charitable purposes similar to the Charitable Purposes f...