Wickliffe v Pearce - Paengaroa North B4B and K Aggregated (2005) 289 Rotorua MB 236 (289 ROT 236) [pdf, 5.9 MB]
...Act 1956 enabling the Court to grant relief in such situations, that relief is not li ghtly given: in re: Tal/hara Middle 4A2B2 C-Opepe Farm Trl/st (1996) 68 Taupo MB 27. In that decision Judge P J Savage was clitical of trustees who had used trust resources incorrectly even though they had relied on advice. Hc also said that in such cases tmstees have the responsibil ity of establi shing that they have acted honestly and reasonably. Judge Savage then emphasised that trustees in such circ...