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Nomination of Trustee

By Gerhard Bezuidenhout on Mon, 15 Apr 2019 at 08:31

Good day, all
Nomination for a trustee must be given by an owner.
1. If the owner is a company, in my mind it follows that the person GIVING the nomination must be authorised by the entity to prepare the nomination?
2. If joints owners are involved (husband an wife) the husband on hos own cannot singularly deal with the nomination on his own. BOTH must be involved?

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RE: Nomination of Trustee

Nico Carstens replied on Tue, 16 Apr 2019 at 06:51

Hi Gerhard

Yes and yes. I once spoke to the first Ombud of KZN and NAMA at a seminar and both said No, no need, the Monday I received an email from both reversing their verbal answers....Show More

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