The Trustees (Perpetual Succession) (Amendment) Act 2021 assented to on December 7th 2021,  seeks to amend the provisions of the Trustees (Perpetual Succession) Act of 1955.  The Amendment Act seeks to promote and enable the accumulation of generational wealth. Provision for and the definitions of various types of trusts are also included such as charitable trusts and non-charitable purpose trusts.

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