s.82Submission of trust before execution
82
Section 82Part 1Trusts Act

Submission of trust before execution

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Any person intending to create any trust otherwise than by will or codicil (or any person on that person’s behalf) may submit to the Registrar of Trusts a draft of any document expressed to contain or record the trusts, powers and provisions thereof and any person intending to be a trustee thereof may apply to the Cabinet for an undertaking in accordance with section 81 whereupon the Registrar (on being satisfied in accordance with section 74 ) may approve the same for registration, and the Cabinet shall be at liberty to give such undertaking under section 81 , and such registration and undertaking shall take effect and shall take effect only on the creation of the trust in accordance with such draft within twenty-eight days (or such further period as the Registrar of Trusts may allow) of such approval or the giving of such undertaking (whichever shall later occur) and the trustees shall nevertheless forthwith lodge with the Registrar the documents creating the trust in accordance with section 76 .