Wednesday, November 17, 2010

New Zealand Law Reform Commission Introductory Issues Paper on Law of Trusts

The Law Reform Commission of New Zealand has has published its first issues paper in its review of the law of trusts.

The Commission has been asked to review New Zealand's Trustee Act 1956 and trust law generally.

The first issues paper is primarily a background paper.

It traces the development of the trust from its origins in England through to the present day uses of the trust both in New Zealand and internationally.

It also examines the key features of the trust with a view to finding a working definition that might possibly serve as a statutory definition for a new Trustee Act or possibly a Trusts Act and takes a look at comparable overseas legislation.

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posted by Michel-Adrien at 10:03 am

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