Legal Documents
Deed for a Simple Trust Over Shares
A Deed for simple trust over shares is a deed by which a Trustee documents the trust relationship between him and the Beneficial Owner. The Deed is therefore executed to lay out the terms on which the Trust would hold and continue to hold the Trust Shares in trust for the benefit of the Beneficial Owner.
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Deed for a Simple Trust Over Shares
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Table of Content
1. DEFINITIONS AND INTERPRETATION 1
2. DECLARATION OF TRUST 3
3. APPOINTMENT AND REMOVAL OF TRUSTEE 4
4. POWERS AND AUTHORITY OF THE TRUSTEE 4
5. TRUSTEE’S COVENANTS 5
6. POWER OF ATTORNEY 6
7. RESTRICTIONS 6
8. TRUSTEE’S REMUNERATION 6
9. LIABILITY OF THE TRUSTEE 6
10. RECORDS OF CHARGES 7
11. ACCOUNTABILITY 7
12. TERMINATION OF TRUST 7
13. LAW 8
14. VARIATION 8
15. DISPUTE RESOLUTION 8
16. NOTICES 9
ANNEXURE “A” 10
SHARE TRANSFER DEED 10
ANNEXURE “B” 11
STATUTORY DECLARATION 11