This amendment had 3 aims: (i) Some trusts are set up to benefit a class of beneficiaries which may not all be identifiable at the start of the arrangement eg the descendants of an individual or the employees of a company.
This amendment had 3 aims: (i) Some trusts are set up to benefit a class of beneficiaries which may not all be identifiable at the start of the arrangement e.g. the descendants of an individual or the employees of a company.