The McLean Institute (Trust Variation) Bill, a Private Bill that updates and varies the terms of the McLean Institute set out in its trust deed, to allow the Institute to continue to provide assistance to disadvantaged women and their children has passed its first reading in parliament, MP for Christchurch Central Duncan Webb says.
“While the Trust was set up for altruistic purposes, to support women and their children who were in destitute circumstances, the language used in its incorporation is of its time, and has had the unfortunate effect of limiting potential beneficiaries of the Institute’s support”, says Duncan Webb.
“The Board of the Institute has observed that it has become significantly more difficult over time to give effect to the original charitable purpose given changes in societal norms and language mean it is rare for a person to qualify for support,
“In order for the Institute to continue supporting women and children, the Bill broadens the purpose of the trust to allow application of trust assets to a number of good causes”, says Duncan Webb.