Kaitaiva Fund Public Trustee To Be Custodian

Press, Volume CVI, Issue 31093, 23 June 1966, Page 1

Kaitaiva Fund Public Trustee To Be Custodian

(New Zealand Press Association) AUCKLAND, June 22. The Mayor of Auckland (Dr. R. G. McElroy), today asked that all funds for the dependants of the crew of the Kaitawa be closed on June 30.

Any donations made after this date, he said, should be sent to the Auckland District Public Trustee (Mr S. Hallett) who had agreed to act as custodian on the relief fund.

Dr. McElroy said Mr Hallett would administer the fund within the terms of section 67 of the Public Trust Office Act, 1957, which gave him statutory authority to prepare a scheme for the use of funds raised by public or private subscription for relief purposes.

The preparation of the scheme, which must be submitted to the Supreme Court

for approval, is expected to take several weeks.

A clause in the act provides that the Public Trustee may recognise an advisory committee approved by a substantial number of donors. “I would like to make it clear at this stage,” Dr. McElroy said, "that it is the intention to use the capital as well as the income from the fund to assist the dependants.”

The delay In the preparation of a scheme, he said, was not expected to cause hardship to families because of the assistance being given by the Shipwrecked Sailors’ Relief Fub&, and the Union Steam Scrip Company.