Wall v Karaitiana - Tauhara Middle 15 Trust (2008) 87 Taupo MB 107 (87 TPO 107) [pdf, 14 MB]
...is disposed of by regulation 32(1) of the Maori Assembled Owners Regulations 1995. If this is the test then no meeting of the owners of the tJ1.lst will in practice be able to pass a valid resolution. That said, the trustees are entitled to have careful regard to the wishes of the owners as expressed at owners meetings. One of the requirements in exercising a distributive filllction is that the trustees must be informed and so the meeting of owners had a very imp0I1ant practical eff...