New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) Every trust deed, and deed of participation, required for the purposes of this Act shall contain all information and other matters that are required to be included therein by regulations made under this Act.
(2) Every trust deed, and deed of participation, required for the purposes of this Act shall be deemed to contain all clauses that are prescribed in regulations made under this Act as clauses that are deemed to be contained in a trust deed or a deed of participation, as the case may be; and every such clause shall have effect notwithstanding anything to the contrary in any deed in which it is deemed to be contained.
(3) A trust deed or deed of participation may expressly adopt all or any of the clauses that are prescribed in regulations made under this Act as clauses that may be adopted in a trust deed or deed of participation, as the case may be.
