s 271
In forceCourt may order beneficiary to indemnify for certain breaches
Part 21Application of Trusts Act 2025
Division 2Powers of Supreme Court and District Court
271 Court may order beneficiary to indemnify for certain breaches
(1)
This section applies if a land trust or a member of a land trust commits a breach of trust at the instigation or request of, or with the written consent of, a beneficiary.
(2)
The court may, as it considers just, order that all or part of the interest of the beneficiary in the trust property is impounded to indemnify the land trust, the member or persons claiming through the land trust or member.
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