Share structure for Company re: trusts

Could anybody enlighten me on the share structure table in
point 5 of ASIC's 201 Application form to register an Australian company

My question:

Should I wish to nominate my discretionary trust ( of my Hybrid Trust) to be the shareholder of my corporate trustee company, the share class code or full title would be ordinary shares... Right!

Sorry Guys, but need help on this one.

P.S. I would also be the director of the corporate trustee company
 
ASIC will not actually recognise the trust

You must nominate the trustee as the owner of the shares and they will be owned on behalf of the trust.

There is a question on beneficial ownership.

Ordinary shares is correct if you want full voting and dividend rights

Regards
NickM
 
Back
Top