S.L. 331.6 · Trusts And Trustees Act (Notarial Trust (S.L. 331.6)
S.L. 331.6 Art. 7Returns to be submitted to the Notary to Government.
(1) Without prejudice to sub-regulation (2), a depositary notary shall, upon commencement of his office as depositary notary of any particular trust and upon termination thereof, submit to the
Notary to Government, a return listing all trusts in relation to which he acts in such capacity.
(2) The return shall be submitted in the form and at the intervals which may be specified in any guidelines issued in terms of these regulations:
Provided that the Notary to Government may request the submission of the return referred to in this regulation at such intervals as may be deemed fit.
(3) The return shall only contain the designation of the trust which shall include details of the trustee: Provided that the depositary notary shall not be obliged to disclose the nature of the documents deposited with such notary in the execution of his duty as depositary notary.
(4) The return referred to in sub-regulation (1) shall not include information relating to any trusts for which the depositary notary is no longer engaged and for which a substitute depositary notary has been engaged, even if the depositary notary has retained copies in accordance with article 43A(9) of the Act: Provided that the depositary notary shall inform the Notary to Government of the termination of his engagement as depositary notary of any such trust.
(5) The Notary to Government shall keep the returns submitted by depositary notaries in relation to this regulation under lock and key and in such a manner as to safeguard at all times the confidentiality of the contents thereof.
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- S.L. 331.6 Art. 43