Business Trusts Act 2004 · 2020 Revised Edition · Part 9 · Management and Administration
63E. Period for agreeing to written resolution
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Unless the trust deed of an unlisted registered business trust otherwise provides, a resolution of the unitholders of the unlisted registered business trust proposed to be passed by written means lapses if it is not passed before the end of the period of 28 days starting on the date on which the written resolution is circulated to the unitholders of the unlisted registered business trust.
deed
“deed” means any deed which creates a trust or provides for the governance of the affairs of the trust and the conduct of its business and includes any instrument amending or affecting the deed;
The agreement to a resolution is ineffective if indicated after the expiry of the period mentioned in subsection (1).