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20 June 2019
In In the Matter of the H Trust,(1) the Supreme Court delivered an important judgment in which it exercised its inherent supervisory powers over trusts to appoint protectors.
The court also reaffirmed the wide breadth of its jurisdiction under Section 47 of the Trustee Act 1975 to grant trustees power to vary trusts when it is satisfied that it is expedient to do so.
The trustee applied to the court seeking orders:
In granting all three orders, the chief justice held that:
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