Appendix B Searches

 

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An amount paid by cheque is to be paid either personally or by post to the beneficiary's
registered address,
Decisions to be in writing

17 A decision by the trustee concerning distributions under the trust is to be evidenced in
writing. The trustee must keep the evidenced decision with the papers relating to the
trust, and must record its effect in the trust's books.

Distribution to a guardian in case of legal disability

18 If a person who is entitled to a distribution of income or capital under this deed is under a
legal disability, the trustee must either:

* make the payment to that person’s parent, guardian or legal personal
representative; or

« hold the relevant amount in trust for that person alone on the same basis in alt
other respects as the trustee holds the trust fund. '
’ Distribution to a nominee

419 At the request of a person who is entitled to a distribution of income or capital under this
deed and who is not under a legal disability, the trustee may pay the amount to a person
nominated by that person.

Distribution to charity

20 A distribution to a charity is to be made to the Secretary or Treasurer of that charity.

Trust for beneficiary under legal disability

21 The trustee may hold any amount which is distributable under this deed on trust for a
beneficiary who is under a legal disability. The trustee may do so until the beneficiary
ceases to be under a legal disability. The assets and income of that trust are nat part of
the assets or income of this trust.

Details of trust for beneficiary under a legal disability
22 The trust for a beneficiary under a legal disability is subject to the following rules:

¢ ‘The trustee may make a distribution towards the maintenance, education or
benefit of the beneficiary and may make a distribution to a trustee or guardian of
that beneficiary, without being responsible for what that person does with the
distribution. -

e Ifthe beneficiary dies before ceasing to be under a legal disability, the trustee
must hold the assets of that trust on trust for the benefi iciary's personal legal
representative.

Trustee is discharged by distribution

23 If the trustee makes a distribution in accordance with this deed and in a manner
consistent with clause 16, then that action on the part of the trustee discharges the
trustee’s liability. The trustee is not responsible for what is done with the distribution.