RITA
THE UNITED REPUBLIC OF TANZANIA
Registration Insolvency and Trusteeship Agency
TRUSTEESHIP
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Family Trust

This is a family trust.

In terms of the provisions embodied in the Public Trustee (Powers and Function) Act [Cap, 31 R. E. 2002] the Administrator General is vested with powers to administer all unclaimed properties after being satisfied that the owner or the body corporate responsible for the said property is no longer into existence. Pursuant to the same law, the Administrator General is also responsible for protection and administration of the shares/properties of a child under the age of 18 years where there is no any relative or guardian responsible for taking care of the interests of the said child.            

The Public Trustee Act, (Powers and Function) Act;  Appointment has identified and mentioned the Administrator General as the Public Trustee.

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