Form B - Application for the Recording of a Certificate of Appointment of New Trustees

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Document Overview

Form B is the official “Application for the Recording of a Certificate of Appointment of New Trustees” under Rule 3 of the Trustees (Perpetual Succession) Regulations.
It is used to notify the Registrar of Companies of the appointment of new trustees in respect of a registered trust or incorporated body.

Purpose:
The form serves to ensure that the official register of trustees maintained by the Registrar of Companies is kept accurate and up-to-date. Its main objectives are:
1. The Trustees (Perpetual Succession) Act, Cap 164, requires that changes in trusteeship be recorded with the Registrar. This form provides the mechanism to fulfill that requirement.
2. By recording new trustees, the trust maintains transparency and ensures that only duly recognized trustees can act on behalf of the trust.
3. Once recorded, the new trustees gain legal recognition and authority to manage trust affairs, hold property, and enter into contracts on behalf of the trust.
4. Ensures smooth transition when old trustees resign, die, or are removed, and new trustees take office.

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Form B - Application for the Recording of a Certificate of Appointment of New Trustees

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