Application for Approval of a Scheme of Variation
This is to give notice that on 6 June 2012, THE
NEW ZEALAND GUARDIAN TRUST COMPANY LIMITED ("Guardian Trust") will ask the High Court
at Wellington for an order, under sections 32 and 33 of
the Charitable Trusts Act 1957, varying the trusts created
by the last will of Phoebe Maunsell, late of "Rathkeale", Masterton (deceased).
The effect of the proposed variation will be that:
(a) 4/7th of the net annual income each year will be distributed for the encouragement and promotion
of New Zealand literature, art and music, instead of $2,000.00 per annum, as provided for in the will;
(b) 3/7th of the net annual income each year will be
paid to the Wairarapa Cultural Trust instead of $1,500.00 per annum being paid to The Museum
of New Zealand Te Papa Tongarewa Board for
the exhibition of the "Mr & Mrs Beresford Maunsell Collection", as provided for in the will; and
(c) Guardian Trust’s authority to select another organisation in place of the Wairarapa Cultural Trust, if the Wairarapa Cultural Trust ceases to
exist or no longer meets the requirements set out
in the will, will be clarified.
The proposed variation also makes other incidental administrative changes. However, it will not alter the charitable purposes of those trusts.
Any person who wishes to oppose the variation must give seven days’ notice in writing of their intention to do so to:
(a) the Registrar of the High Court at Wellington; and
(b) Guardian Trust, care of the offices of Greg Kelly Law, PO Box 25243, Wellington 6146 (Attention: Chris Kelly); and
(c) the Attorney-General, Crown Law Office, PO Box 2858, Wellington 6140.
To make an appointment to view the proposed variation
of the will, please telephone (04) 498 8506 or email chris.kelly@trustlaw.co.nz