The Tender For Law

Volume 6

Jun 19, 2014 11:13 PM

Chip Douglas

So for instance Scott, this section of the Financial Administration Act:

Not bound to execute trusts

59. Her Majesty and a fiscal agent or registrar acting as such are not bound to see to the execution of any express or implied trust to which any securities are subject.

What are they effectively saying to us here: "Sorry- but its up to you guys to create your own private-express-trust, we here with the Government cant help you guys out with that...this has to be of your own INTENT" ?

http://laws-lois.justice.gc.ca/eng/acts/F-11/page-29.html#docCont