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High Court Wellington
20 December 1995; 30 January; 1 February; 2 August 1996
Baragwanath J
20 December 1995; 30 January; 1 February; 2 August 1996
Baragwanath J
Trusts and trustees — Variation of trust — Defined contribution superannuation scheme — Prohibition on reversion to settlor — Trustees proposing apportionment of portion of reserve account between settlor and members — All members consenting thereto — Whether amendment to effect trustees 'proposal expedient in management of trust — Trustee Act 1956, ss 64 and 66 — Superannuation Schemes Act 1989, s 22.