Change of Unitholder/Unitholding
We can assist with documentation facilitating the issue, transfer or redemption of units in a unit trust.
All documentation is prepared in accordance with the rules of the unit trust deed. The documentation is available for any unit trust deed and includes up to three issues, three transfers or three redemptions. Additional charges may apply for particularly complex jobs, and you may request a quote prior to ordering should you feel that the order is likely to fall into that category.
Note: Changes in unitholding involving more complex procedures (including pre-emptive rights) may result in unintended consequences, and you should obtain external legal advice in order to make the change.
Our in-house legal team will prepare the documents based on your instructions.
If a New company will be a new Unitholder, you’ll need to order that online first.
The Change of Unitholder and/or Unitholding documentation will be prepared in accordance with the change and will usually include:
- Resolution of Directors (if trustee is a company)
- Unitholders resolutions
- New unit certificate(s)
- Updated register of unitholders
- Instrument(s) of Transfer of units (if applicable)
- Application for Redemption (if applicable)
- Application for New units (if applicable)
You will receive electronic copies of the documents.