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Privy Council Wellington
Appeal No 13 of 2000
12, 13 February; 3 May 2001
Lord Bingham of Cornhill, Lord Hope of Craighead, Lord Hutton, Lord Hobhouse of Woodborough and Lord Millett
Appeal No 13 of 2000
12, 13 February; 3 May 2001
Lord Bingham of Cornhill, Lord Hope of Craighead, Lord Hutton, Lord Hobhouse of Woodborough and Lord Millett
Superannuation schemes — Employee scheme — Discretion of trustee on partial dissolution of superannuation fund — Whether trustee bound to transfer to withdrawing company proportion of actuarial surplus.
Trusts and trustees — Superannuation scheme — Discretion of trustee on partial dissolution of superannuation fund — Whether trustee bound to transfer to withdrawing company proportion of actuarial surplus.