8Functions of a trust

#### 8 Functions of a trust 8 Functions of a trust > > (1) A trust: > > > > > (a) is responsible for the care, control and management of the common for which the trust is established, and > > > > > (b) subject to this Act, holds the common as trustee for the commoners on the trusts and for the uses declared in the instrument by which the common was dedicated, reserved or otherwise set aside. > > > (2) A trust may invest any funds not immediately required for the exercise of its functions provided that it does so as authorised by the [Trustee Act 1925](/view/html/inforce/current/act-1925-014). > > > (3) A trust may employ such staff as it considers necessary to enable it to exercise its functions.