sec.65Duty to make accounts available for inspection and to provide copies

sec.65 Duty to make accounts available for inspection and to provide copies

A trustee has a duty, in administering a trust, to do the following on request by a beneficiary of the trust— to make the accounts for the trust available for inspection by the beneficiary within a reasonable period after the request is made; to provide copies of the accounts for the trust to the beneficiary, within a reasonable period after the request is made, on payment of the reasonable costs of providing the copies. However, subsection (1) does not apply if the request is unreasonable in the circumstances. a request by a beneficiary who has been provided with copies of the accounts to be provided with updated copies of the accounts at very short intervals Subsection (1) does not limit any right of a beneficiary— to obtain other information from the trustee; or to apply to the court for an order that the trustee provide other information. In this section— beneficiary , of a trust, includes a person in whose favour a power to distribute the trust property may be exercised. (sec.65-ssec.1) A trustee has a duty, in administering a trust, to do the following on request by a beneficiary of the trust— to make the accounts for the trust available for inspection by the beneficiary within a reasonable period after the request is made; to provide copies of the accounts for the trust to the beneficiary, within a reasonable period after the request is made, on payment of the reasonable costs of providing the copies. (sec.65-ssec.2) However, subsection (1) does not apply if the request is unreasonable in the circumstances. a request by a beneficiary who has been provided with copies of the accounts to be provided with updated copies of the accounts at very short intervals (sec.65-ssec.3) Subsection (1) does not limit any right of a beneficiary— to obtain other information from the trustee; or to apply to the court for an order that the trustee provide other information. (sec.65-ssec.4) In this section— beneficiary , of a trust, includes a person in whose favour a power to distribute the trust property may be exercised.

• (a) to make the accounts for the trust available for inspection by the beneficiary within a reasonable period after the request is made;
• (b) to provide copies of the accounts for the trust to the beneficiary, within a reasonable period after the request is made, on payment of the reasonable costs of providing the copies.
• (a) to obtain other information from the trustee; or
• (b) to apply to the court for an order that the trustee provide other information.