27Trust rules

27 Trust rules

For section 205(2)(b) , section 206(1) and section 206A(3) of the Act, the prescribed requirements are that the rules of the trust should specify or provide for at least the following:

(a) the membership of the trust;

(b) the proceedings of the trust;

(c) the manner in which the powers and functions of the trust are to be exercised and performed;

(d) the methods of dispute resolution to be used by the trust to investigate, and attempt to negotiate a mutually acceptable solution to, a dispute between the trust and another person about the exercise of powers under the Act;

(e) the conduct of the business of the trust;

(f) the management of the water district or districts for which the trust is established;

(g) the keeping and use of the common seal;

(h) the execution of documents.