Charitable Trusts and Credit Union Notices




1074
NEW ZEALAND GAZETTE
No. 57

Charitable Trusts Act Notices

Notice of Application by the Trustees of the Below-named Trust Fund for Approval of a Scheme for Extending or Varying the Powers of the Trustees and for Prescribing or Varying the Mode of Administering the Trust

In the High Court of New Zealand, Wellington Registry

In the matter of Part III of the Charitable Trusts Act 1957, and in the matter of The International Association of Lions Clubs:

And—In the matter of The Lions Clubs District 202C Banking Scheme (also called The Lions Charitable Trust Fund):

Notice is hereby given that Alan Edward Kilby, screenprinter of Tokoroa, Arthur Knowle Baucke, builder of Te Aroha and Colin Malcolm Francis, chartered accountant of Te Awamutu, have applied to the High Court of New Zealand at Wellington for approval of a scheme prepared under Part III of the Charitable Trusts Act 1957:

Prescribing or varying the mode of administering the trust in the following respects:

  1. By changing the name of the trust fund to The Lions Clubs District Banking Trust.
  2. By removing the limitation which confines the authority for the transfer of moneys to the trust fund to Lions Clubs of Sub-District 202C only and thereby permitting Lions clubs throughout New Zealand to transfer money to the trust fund.
  3. By permitting the encumbent district governor of any Lions sub-district in New Zealand to apply to the trustees of the trust fund for approval for that sub-district to transfer moneys to the trust fund.
  4. By removing the requirement for a custodian trustee.
  5. By permitting any Lions sub-district which has 20 or more Lions clubs contributing moneys to the trust fund (hereinafter called a “contributing sub-district”) to appoint 2 principal trustees of the trust fund.
  6. By limiting the office of principal trustee to the district governor and immediate past district governor for the time being of a contributing sub-district.
  7. By authorising the appointment of not more than 4 special trustees by the district cabinets of the respective contributing sub-districts.
  8. By permitting all Lions clubs belonging to a contributing sub-district to transfer and withdraw money to and from that part of the trust fund comprising the “club’s funds” without the requirement for anything to be done by or on behalf of the trustees of the trust fund.
  9. By extending the obligation of the trustees of the trust fund to report to the cabinets of all contributing sub-districts and to their respective annual sub-district conventions.

Extending or varying the powers of the trustees:

  1. By empowering the trustees of the trust fund to pay money from the “the residue fund” of the trust fund without need for prior approval of the district cabinet of a contributing sub-district.
  2. By removing 6 words in the deed of trust that in their context are meaningless.
  3. By removing in its entirety the part of clause 16 of the deed of trust prescribing the duties of the custodian trustee and further by extending the indemnity of the trustees to expressly include the authority of Lions clubs of contributing sub-districts to withdraw money from the “club’s funds” nominated bank account without any act or administrative step being undertaken by or on behalf of the trustees and to provide for the consequence where a loss may result.
  4. By providing for the distribution of the surplus assets of the trust fund on its winding up or dissolution.

The above-mentioned application shall be heard on the 24th day of May 1993, by the High Court of New Zealand at Wellington. Any person desiring to oppose the scheme is required not less than 7 clear days before that date to give written notice of his or her intention to do so to the Registrar of the High Court at Wellington, to the above-named trustees and to the Attorney-General.

Set out hereunder are the addresses of the High Court Registrar, the trustees and the Attorney-General:

(a) The Registrar, High Court of New Zealand, Stout Street (P.O. Box 1091), Wellington.

(b) The trustees, Messrs A. E. Kilby, A. K. Baucke and C. M. Francis, care of Finn & Partners, Chartered Accountants, Benchmark Building, Arawata Street (P.O. Box 17), Te Awamutu.

(c) The Attorney-General, care of the Crown Law Office, 45 Pipitea Street (P.O. Box 5102), Wellington.

c13355

Friendly Societies and Credit Unions Act Notices

Credit Union Registered

Pursuant to sections 104 and 17 of the Friendly Societies and Credit Unions Act 1982, Torere and Districts Families Credit Union with a registered office care of Ngai Tai Iwi Authority, Torere, R.D. 1, Opotiki, is registered as a credit union under Part III of the Act.

W. K. SLOAN, Registrar.

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✨ LLM interpretation of page content

⚖️ Application for Approval of Scheme for Lions Clubs District Banking Trust

⚖️ Justice & Law Enforcement
Charitable Trusts Act, Lions Clubs, Trust Fund, Banking Scheme, Wellington High Court
  • Alan Edward Kilby, Applicant for approval of scheme
  • Arthur Knowle Baucke, Applicant for approval of scheme
  • Colin Malcolm Francis, Applicant for approval of scheme

🏭 Registration of Torere and Districts Families Credit Union

🏭 Trade, Customs & Industry
Friendly Societies and Credit Unions Act, Credit Union, Torere, Opotiki
  • W. K. Sloan, Registrar