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The Trust Act allows for a variety of different types of trusts, including Employee Benefit Trust (EBT). EBTs are set up as a way of motivating and incentivising employees by providing benefits. It is a trust written on discretionary terms by which trustees can hold as set on behalf of and to benefit a set group of beneficiaries…
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http://intercontinentaltrust.com/wp-content/uploads/2016/09/ITL-Newsletter-Vol-7-Issue-8-Employee-Benefit-Trust.pdf
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