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Bank of New Zealand v Board of Management of the Bank of New Zealand Officers’ Provident Association - [2004] 1 NZLR 577

$30.00

Privy Council Wellington
[2003] UKPC 58
14 July; 29 October 2003
Lord Hoffmann, Lord Hobhouse of Woodborough, Lord Millett, Lord Walker of Gestingthorpe and Sir Andrew Leggatt
Superannuation — Rules of scheme — Defined benefit scheme with surplus — Decision to distribute surplus to members and to those who had received payout from scheme — Whether retrospective amendment permissible — Whether within power of trustees to pay benefit to former members.

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