NZ Law Commission review of the law of Trusts [pdf, 2.4 MB]
...New Zealand with all that a modern trusts statute ought to. Our central aim is to make the day to day administration of trusts easier, and make resolution of difficulties less expensive and more efficient. A new Trusts Act would not only deal with the matters currently dealt with by the Trustee Act. While we have not attempted the codification of the law of trusts, we have proposed that the new statute set out the characteristics of express trusts, both to signal the sorts of arrangements that...