White SW Computer Law
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trusts [2011/06/26 12:11]
steve
trusts [2017/07/30 18:03]
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-====== Trusts ====== 
-Trusts are frequently used commercial instrument whereby the legal ownership of some assets is separated from the beneficial interest. 
-====== Interesting Cases ====== 
-===== 1936 ===== 
-  * Miller v Cameron (([1936]] HCA 13)) 
-    * Dixon J said the jurisdiction to remove a trustee is exercised with a view to the interests of the beneficiaries,​ to the security of the trust property and to an efficient and satisfactory execution of the trusts and a faithful and sound exercise of the powers conferred upon the trustee. In deciding to remove a trustee the Court forms a judgment based upon considerations,​ possibly large in number and varied in character, which combine to show that the welfare of the beneficiaries is opposed to his continued occupation of the office." ​ 
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