Bringing a trust board to an end

Before requesting that a charitable trust board be dissolved, you must deal with any outstanding assets and/or liabilities in the manner specified in its rules or trust deed.

Read section 26 of the Charitable Trust Act 1957 for more information .

Information you’ll need to confirm

A charitable trust board applying to be dissolved must confirm that it:

• is no longer operating
• has no assets – all surplus assets have been disposed of as required by the trust deed/rules and the Charitable Trusts Act 1957
• has no liabilities (debts) including contingent liabilities
• is not a party to any legal proceedings or disputes.

How to apply to dissolve a trust board

To apply online

Before applying online to dissolve a charitable trust board, you must have:

• a RealMe® login
• an online services account with the Companies Office
• authority to act on behalf of the charitable trust board

Then follow these steps:

1. Log in to your online services account.
2. On the dashboard, from 'My Businesses', select the charitable trust board you wish to dissolve.
3. On the 'View Details' page, from the 'Maintain Charitable Trust Board' menu select 'Request to Dissolve a Charitable Trust Board'.
4. Confirm the required conditions for dissolving the board (as stated above), and that a resolution has been passed to apply for dissolution.
5. Once you have confirmed the above, complete the ‘Signatory Details’ section and click the 'Submit' button.

To submit your application manually

1. Download Form CT5 – Request to dissolve a charitable trust board.
2. Complete the form, confirming that the trust board has ceased operating.

Send the completed form, and any supporting documents to us.

By post to —

Companies Office
Private Bag 92061
Victoria Street West
Auckland 1142

or by email to compliance@companiesoffice.govt.nz

What happens next

Your application is reviewed to ensure all requirements are met. If your application is accepted:

• The trust board is immediately removed from the register.
• You are notified of the outcome of the request.
• Public notice of the dissolution will appear in the New Zealand Gazette and Companies Office website.

Other guides in

Ending a charitable trust board

• When a board needs liquidating

Other help topics