AMENDMENT TO THE ACCEPTANCE OF TRUST AS TRUSTEE
Paragraph 8 of the Acceptance of Trust as Trustee was amended and reads as follows:
"I undertake to:
(a) upon any change immediately update and;
(b) annually confirm or update the information of the trustees, founder, beneficiaries and beneficial owners on the Master's file as prescribed by the Financial Intelligence Act 13 of2012 and understand that I commit an offence if I fail to submit such information."
The amended form and Directive to implement same are available under the Trust library on the website. Directive 1 of 2022 came into operation on 30 June 2022.