All provisions · Beneficial Ownership Act (Cap. 251B) · Part III: Accessibility, disclosure and confidentiality of beneficial ownership
14B Request for Information between trustees
(1) Where a trust is administered by more than one trustee, the trustee may request any relevant beneficial ownership information in respect of the trust from any of the other trustees of the trust.
(2) A trustee shall comply with a request for information made under subsection (1) within the timeframe specified in the request.
(3) A trustee who or which fails to comply with subsection (2) shall be guilty of an offence and liable to a fine not exceeding SCR 200,000. (Inserted by Act 38 of 2022)
(2) A trustee shall comply with a request for information made under subsection (1) within the timeframe specified in the request.
(3) A trustee who or which fails to comply with subsection (2) shall be guilty of an offence and liable to a fine not exceeding SCR 200,000. (Inserted by Act 38 of 2022)
Official source: Beneficial Ownership Act (Cap. 251B), Act 4 of 2020, Revised Edition as at 31 May 2024 (Acts 4 of 2020, 6 of 2021, 26 of 2021, 38 of 2022, 28 of 2023); Act 18 of 2025 worked in by us
