sec.4Trusts for river improvement areas

### sec.4 Trusts for river improvement areas A regulation establishing a river improvement area must establish and name a trust for the area. A regulation changing a river improvement area may change the trust for a river improvement area, including by changing its name. A regulation abolishing a river improvement area must abolish the trust for the area. The name of a trust as provided for in a regulation establishing or changing the trust must be a name the Minister is satisfied is suitable, having regard to the intended scope of operations of the trust and the persons who are appointed to make up the trust. It is not necessary for the word ‘trust’ to form part of a trust’s name. A regulation changing or abolishing a river improvement area may provide for any matter necessary or convenient to give effect to the change or abolition. Without limiting subsection (6) , the regulation may transfer assets and liabilities of a trust to another trust. s 4 amd 1959 8 Eliz 2 No. 27 ss 4, 6; 1994 No. 15 s 3 sch 1 ; 1997 No. 78 s 97 (3)–(4) AIA s 20A applies (see s 4(5)) (3)–(6) exp 5 January 1998 (see s 4(6)) sub 2014 No. 64 s 23 (sec.4-ssec.1) A regulation establishing a river improvement area must establish and name a trust for the area. (sec.4-ssec.2) A regulation changing a river improvement area may change the trust for a river improvement area, including by changing its name. (sec.4-ssec.3) A regulation abolishing a river improvement area must abolish the trust for the area. (sec.4-ssec.4) The name of a trust as provided for in a regulation establishing or changing the trust must be a name the Minister is satisfied is suitable, having regard to the intended scope of operations of the trust and the persons who are appointed to make up the trust. (sec.4-ssec.5) It is not necessary for the word ‘trust’ to form part of a trust’s name. (sec.4-ssec.6) A regulation changing or abolishing a river improvement area may provide for any matter necessary or convenient to give effect to the change or abolition. (sec.4-ssec.7) Without limiting subsection (6) , the regulation may transfer assets and liabilities of a trust to another trust.