- A list of grounds for the disqualification of trustees aligns to some extent with the grounds for the disqualification of directors set
Important amendments to the Trust Property Control Act
Proposed law will increase disclosure of control of trusts
The Trust Property Control Act, 1988 (TPCA) was last amended in 1997. It is a short act that deals on a high level with trust operations and the office of the Master of the High Court as the trust regulator. The General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill (B18 – 2022)