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IOL: Are trusts still safe to use for BEE purposes?

In her regular series on trusts, Phia van der Spuy shines the spotlight in this column on the use of trusts for BEE purposes.

She looks in detail at the practice note issued last year by the Department of Trade, Industry and Competition which allows the use of trusts as a meaningful mechanism through which to transfer business ownership into black hands.

Phia is a member of FISA, FPSA® and Founder of Trusteeze.

You can read the article here.