Taniwha v Sheehan - Ririwha (Stephenson Island) (2020) 216 Taitokerau MB 274 (216 TTK 274) [pdf, 259 KB]
...property only to beneficiaries or to the objects of a power of appointment or to persons authorised under a trust instrument or the general law; (d) A duty to act fairly by all beneficiaries; (e) A duty to keep and render accounts and provide information; (f) A duty to act diligently and prudently; (g) A duty not to delegate his or her powers not even to co-trustees; and (h) A duty not to make a profit for themselves out of the trust property or out of the office of trust....