Question NW3041 to the Minister of Finance

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24 November 2017 - NW3041

Profile picture: Shivambu, Mr F

Shivambu, Mr F to ask the Minister of Finance

(a) What is the total number of trust funds that have been registered since 1 January 2003, (b) how many of those trust funds are compliant to the black economic empowerment provisions and (c) what are their details?

Reply:

The registration of trusts falls under the Department of Justice and is done by the relevant Masters of the High Court in each of the court’s divisions.

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