Pou - Eru Moka and Te Owai Pou Whanau Trust (2013) 61 Taitokerau MB 247 (61 TTK 247) [pdf, 258 KB]
...lending money in breach of trust and failing to apply to the Court to reconstitute the trust as a whānau trust. In my view, the two remaining trustees must stand down at the AGM but may make themselves available to be reappointed as trustees. [101] I remain of the view that there should be five trustees only in accordance with the 1988 meeting. I also believe it is sensible for one of Jim Pou’s daughters (or their descendants) to be one of the five trustees, as Jim Pou intended....