Trust

A A legally enforceable agreement, for example a lease or sale. Afrikaans - Kontrak

">contract between the founder and the A person appointed to manage the affairs and assets of a trust. In terms of sectional title, the trustees attend to the day-to-day running of the scheme, which includes the collection of levies and the employment and management of staff.

">trustee in terms of which the trustee is to administer the A contract between the founder and the trustee in terms of which the trustee is to administer the trust fund for the benefit of the beneficiaries.

">trust fund for the benefit of the beneficiaries.