Until such an application is made there is no guarantee as to how the Court would view the matter and the success of any such application would depend on its own facts.
Here an individual can form the trust and appoint trustees and the shareholding, which maybe across many blocks, is held for the uri of that individual down through the generations.
Currently under the Act it is not possible to appoint a trustee or trustees to administer
land in such circumstances because the Court is required to be satisfied that the
owners “have had sufficient notice of the application and sufficient opportunity to
discuss and consider it” per s 215(4)(a).