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     Opening Minutes for the Unit Trust
   
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About the Opening Minutes for the Unit Trust

A Unit Trust is cheaper and more flexible than a company. A company costs $1,500 to set up. The government charges lots of money to keep a company going each year. The Unit Trust doesn't suffer this government intervention.

The purpose of this minute is for the Trustee(s) to formally and correctly accept the role of Trustee of the Unit Trust.

The Trustees must keep a record of all minutes which affect the Unit Trust.

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This document has been prepared by: Alyce Conway-Mortimer

   Alyce Conway-Mortimer
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