Re Greenwood - [1988] 1 NZLR 197

Trusts and trustees — Variation of trust — Testator left farm property on long term trust with clear intention of keeping it in family and with no power of sale — Property was producing low income and required substantial capital input to maintain value and income — Trustees considering interests of all beneficiaries including infants and those unborn sought power to sell property and invest proceeds — Whether Court had jurisdiction to approve arrangement which contradicted intention of testator — Whether proper case to exercise jurisdiction to approve — Trustee Act 1956, s 64A.