Glossary of Terms

 

TACT

The Association of Corporate Trustees

TC

Training and Competence and Training and Competence Sourcebook

Trust Deed

The Trust Deed for AUTs together with any deed expressed to be supplemental to it, made between the manager and the trustee.

Trustee

In relation to a unit trust scheme – the person appointed by the Manager holding the property in question on trust for the participants

 

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