Mauritius
Sugar Cane Planters Trust Act
Act 3 of 1997
- Commenced on 4 September 1997
- [This is the version of this document at 30 June 2017.]
1. Short title
This Act may be cited as the Sugar Cane Planters Trust Act.2. Interpretation
In this Act—"Board" means the Board of Trustees appointed under section 5;"factory area" has the same meaning as in the Cane Planters and Millers Arbitration and Control Board Act, but does not include a factory area other than a factory area referred to in section 5;"member" means a member of the Board;"Minister" means the Minister to whom responsibility for the subject of agriculture is assigned;"planter" means a former tea planter who is entitled to proceeds from the Trust;"Trust" means the Sugar Cane Planters Trust established under section 3.3. Establishment of Trust
There is established for the purposes of this Act the Sugar Cane Planters Trust which shall be a body corporate.4. Objects of Trust
The objects of the Trust shall be to—5. Board of Trustees
6. Employees of Trust
7. General Fund
8. Separate accounts in respect of each factory area
9. Annual report
10. Execution of documents
Every document relating to the Trust shall be signed by the Chairperson and the Secretary-Manager of the Trust, or by 2 other members designated by the Board.11. Trust property
The property of the Trust shall be applied towards the furtherance of the objects of the Trust, and no portion of that property shall be distributed or transferred in any manner by way of dividend, bonus or otherwise.12. Donations and legacies
Article 910 of the Code Civil Mauricien shall not apply to the Trust.13. Exemptions
Notwithstanding any other enactment—14. Dissolution
15. Regulations
16. ***
17. ***
History of this document
30 June 2017 this version
Consolidation
04 September 1997
Commenced