John Fuller Trust Act 1951

2 Appropriation and distribution of part of estate
  • Without further authority than this Act, the Public Trustee shall upon the passing of this Act set aside and appropriate from the capital of the residuary trust funds of the estate of the testator the sum of thirty-one thousand three hundred and twenty dollars and seventy-nine cents (such sum being hereinafter referred to as the appropriated fund) and shall forthwith apply the appropriated fund and to the extent that such appropriated fund shall be insufficient for the purpose such part as shall be necessary of the suspense fund in making the payments set forth in the next succeeding section of this Act, and shall thereafter stand possessed of such part of the appropriated fund and of the suspense fund as shall then remain upon trust to invest the same (in the Common Fund of the Public Trust Office) and to pay the income to arise therefrom as from and including the first day of October, nineteen hundred and fifty-one, to the said Mione Josephine Campbell during her lifetime and from and after her death to the said John Fuller Board of Trustees to be held by such Board upon the trusts as set forth in the said will concerning moneys payable to the said Board.

    The words thirty-one thousand three hundred and twenty dollars and seventy-nine cents were substituted, as from 10 July 1967, for the words fifteen thousand six hundred and sixty pounds seven shillings and elevenpence pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).