Tane-Stockler - Hauturu East 8 (2003) 122 Otorohanga MB 17 (122 OT 17) [pdf, 288 KB]
...application. He submitted that the Trust held legal title to the land and under the conditions of trust had discretions as regards distribution and investment which were fixed by the trust order. He claimed that those were the provisions that had to be addressed and even though the applicants now became entitled as beneficial owners to interests in the land that did not entitle them as of right to call for distributions on that basis or to have their shares in the Trust realised. A0...