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Statutory Trusts

A statutory trust is a trust that arises by operation of law.  For example a statutory trust can arising under the Administration Act 1969 following an intestacy.  In which case property will be held on trust for the person entitled to it.

 

References

  • Mulder v Heke [2014] NZHC 2098
  • Administration Act 1969, s 78

 

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