Trust Property Control Act, 1988 (Act No. 57 of 1988)

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Notice No. 1177 of 1988

Act

1. Definitions

2. Certain documents deemed to be trust instruments

3. Jurisdiction of Masters

4. Lodgement of trust instrument

5. Notification of address

6. Authorization of trustee and security

7. Appointment of trustee and co-trustee by Master

8. Foreign trustees

9. Care, diligence and skill required of trustee

10. Trust account

11. Registration and identification of trust property

11A. Beneficial ownership

12. Separate position of trust property

13. Power of court to vary trust provisions

14. Variation of trust instrument

15. Report of irregularities

16. Master may call upon trustee to account

17. Custody of documents

18. Copies of documents

19. Failure by trustee to account or perform duties

20. Removal of trustee

21. Resignation by trustee

22. Remuneration of trustee

23. Access to court

24. Regulations

25. Application of Act

26. Amendment or repeal of laws, and savings

27. Short title and commencement