Page 39 - Nexia SAB&T Trust Guide 2022

Documents Required by Master to Register Inter Vivos Testamentary
the Trust Trust Trust

Trustee(s) Identification – Certified copies
of ID / Passport / Organisation Proof of ✔ ✔
Registration (CK1)
Trustee(s) Representative Identification –
Certified copies of ID or Passport (Mandatory ✔ ✔
for Organisation Trustee(s))
Beneficiaries Identification – Certified Copies
of ID or Birth Certificates / Passport / ✔ ✔
Organisation (CKI)
Bond of security by the trustees – form J344
(if required by the Master) ✔ ✔
Final Certified Court order (if applicable) ✔ ✔

Deregistration of a trust
The Trust Property Control Act makes no provision for the deregistration of a
trust. The common law, however makes provision for the termination of a trust by
operation of law in the following circumstances:
■ By statute.
■ Trust objective has been realised.
■ Failure of the beneficiary.
■ Renunciation or repudiation of rights by the beneficiary.
■ Trust assets have been destroyed without fault on the part of the trustee.
■ Operation of a resolutive condition.
If a trust can be terminated on one of the above grounds then the Master will
deregister a trust. For the termination of a trust the following documents are required:
■ The original Letters of Authority.
■ A trustee resolution resolving to deregister the trust (where applicable).

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