Waikato Raupatu Claims Settlement Act 1995

23 Land holding trust not subject to rule against perpetuities
  • (1) It is hereby declared that the land holding trust shall not be subject to any enactment or rule of law restricting the period for which a trust may run.

    (2) Neither the rule against perpetuities nor section 17 of the Perpetuities Act 1964 shall apply in relation to the rights conferred by section 11 of this Act.