The Charitable Trusts Act 1992

The Charitable Trusts Act 1992 regulates the creation, management, and oversight of charitable trusts in New Zealand. It ensures that these trusts are established and operated for genuine charitable purposes, such as relief of poverty, education, or other public benefits. The Act provides a legal framework for trustees to manage assets responsibly, file necessary reports, and adhere to regulations that maintain public trust. Its purpose is to promote transparency, accountability, and proper governance of charitable organizations, ensuring that the resources are used effectively to benefit the community.