The objects of this Bill are to —
(a) provide for the incorporation of a trust for the purposes of
perpetual succession to land;
(b) provide for the appointment and duties of trustees of a
registered trust;
(c) give effect to the financial action task force
recommendations relating to beneficial ownership of a
registered trust;
(d) repeal and replace the Land (Perpetual Succession) Act;
and
(e) provide for matters connected with, or incidental to, the
foregoing.