Contents

Chapter 7
Custodian and advisory trustees

Introduction

7.1This chapter addresses possible reforms to the provisions relating to advisory and custodian trusteeship, which were discussed in the Fourth Issues Paper.177  These two mechanisms each allow for an arrangement in which there are two types of trustee with different roles and different powers.
177Law Commission The Duties, Office and Powers of a Trustee: Review of the Law of Trusts – Fourth Issues Paper (NZLC IP26, 2011).