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DEED
OF
TRUST
THIS
DEED OF
TRUST
is made the [ ]
day of [ ] in the year two
Thousand, _______________ nine hundred and ninety [ (2____ )]
BETWEEN:[
] ("the Settlor") of the one part
AND:
[ Trustee Company ], a company
incorporated under the laws of ________________________with its registered
office at [ Trustee Registered Address ] ("the Trustee" which expression shall
where the context so admits include the Trustees or Trustee for the time being
of these Trusts) of the other part.
WHEREAS:
(A) There has been transferred or
delivered to the Trustee or otherwise placed under its control the property
specified in the Second Schedule hereto and from time to time further monies
investments or other property may be paid or transferred to the Trustee by way
of additions to the
Trust Fund.
(B) It is intended that this
Deed shall be irrevocable.
NOW THIS
DEED OF
TRUST IRREVOCABLY WITNESSES as follows:
1. Definitions
IN this
Deed where the context so admits:
(a) THE NAME of the
TRUST FUND shall be "[
]"
(b) THE TYPE of
Trust shall be [ Discretionary / Beneficial
/ Charitable / Spendthrift /
Protective etc ]
(c) "THE
TRUST FUND" shall mean;
(i) the property specified in the
Second Schedule hereto and;
(ii) all money, investments or
other property paid or transferred by any person or
persons to or so to be under the
control of and (in either case) accepted by the
Trustee as additions at any time
during the
Trust Period and;
(iii) all accumulations (if any)
of income directed to be held as an accretion to
capital and;
(iv) the money, investments and
property from time to time representing the said
money investments property
additions and accumulations;
(d) "THE
TRUST PERIOD" shall mean the period from
the date hereof ending on the
earlier of;
(i) the day on which shall expire
the period of 100 years from the date of execution
of this
deed; or |
