NZ government response to Law Commission report [pdf, 78 KB]
...the roles and duties of trustees, especially trustees who are not legally trained. Beneficiaries don’t know what they can expect from trustees. For example, the Commission recommends clearly articulating the obligation of trustees to provide information to beneficiaries. Simplifying administration of trusts The Law Commission identifies that the administrative machinery for trusts can be inaccessible in practice and recommends simplification. 4 Jurisdiction of the...