Variation of Trusts Act 1994

Before exercising its powers under section 13, the Court must be satisfied that the proposed exercise of its powers would be in the interests of each person on behalf of whom the Court may approve the proposed arrangement and, in determining whether or not any proposed arrangement would be in the interests of that person or persons, the Court must have regard to –

any financial benefit to that person; and the absence of any financial disadvantage to that person; and any non-financial benefit to that person; and the welfare of the family of that person; and any other circumstances that are advanced for or against the proposed arrangement.