Search results for "removal of trustee process"

Found 798 items matching "removal of trustee process".

Factsheet Legislative changes affecting trusts

Legislative changes affecting trusts Effective from Waitangi Day, 6 February 2021 Updated provisions for removing a trustee The Act now allows for the Māori Land Court to remove a trustee if it is satisfied that they have lost the capacity to perform their functions as a trustee, or that their removal is desirable for the proper execution of the trust (for example because they repeatedly refuse or fail to act as a trustee, they become...

Documents/Guides-Templates-Factsheets/Factsheet-Legislative-changes-affecting-trusts.pdf (303 kb)

MLC Form 38 Application to add reduce replace or remove trustees 202104

DETAILS OF CHANGES TO TRUSTEES: 1. Trustees to be removed as a result of resignation, retirement or death are: (if none then go to question 3) Names of Trustees Reason for removal (resignation, retirement, death) Note: If a trustee is to be removed because he or she is deceased, the Court will require reasonable evidence as to his or her death, for example, evidence of attendance at the tangi, a copy of the...

Documents/Forms/MLC-Form-38-Application-to-add-reduce-replace-or-remove-trustees-202104.pdf (204 kb)

Banking Practice Note

Where one or more of the trustees are unable or refuse to sign the mortgage documents, the remaining trustees can apply to the Court: (a) To seek directions; (b) To remove any trustees who have passed away or resigned; (c) To remove a trustee for cause for refusing to implement the majority decision; or (d) To approve the mortgage documents being signed by a majority of trustees only per s 227(3) and 237 of the A...

Documents/Practice-notes/Banking-Practice-Note.pdf (204 kb)