Founding Affidavit and Annexures

3of5 Kganya Benefits Fund Trust Deed 12.Meetings 12.1ATrusteemayatany time summonameetingofTrusteesonnot less than7days'notice to the remainingTrustees,oron such shorternoticeasmaybeagreedbyall theTrustees. 13.Resolutions inWriting A resolution inwriting signedbyall theTrustees shallbeasvalidandeffectiveas if ithadbeenpassedata meetingof theTrustees. 14.PowersofTrustees 14.1TheTrustees shall standpossessed,and shallbe responsible for theadministrationof theTrustFundand theapplication thereofand incomeaccruing thereto,withpower to retain the sameoranyportion thereof in its then formand from time to time to realise, transpose, re-investorotherwisedealwith theTrustFundas they in their soleandabsolutediscretionmaydetermine. 14.2TheTrustees shallhavepower toadd to theTrustFundbyaccepting additionswhichmaybemadeby testamentarybequestsorbydonations inter vivosorbyanyothermeans. Allproceeds receivedor realised by theTrustees from the saleor realisationor transpositionofanyof theassetsor investmentsof theTrust Fundwhichmaynotbeapplied for thepurposes setout in clause20 shallbe investedand reinvestedby them in suchmanneras theymaydeem fit inanypartof theworld, in stocks, funds, shares, securitiesorother investmentsorproperty,movableor immovableofwhatsoevernatureandwheresoever situate,andwhether involving liabilityornot,andwhetherproducing incomeornot,orupon suchpersonal creditwithorwithout securityas theTrustees shall in their soleandabsolutediscretiondeem fit,with fullpowerandauthority to tradeand tocarryonbusinessofwhatsoevernature,eitherby themselvesor inpartnershiporassociating withothers, itbeing the intent that theTrustees shallhave the same fullandunrestrictedpowersof investing and transposing investmentsas if theywereabsolutelyentitled theretobeneficially. TheTrustees shallnotbe liable forany loss to theTrustarising fromany investmentorpurchasemadeby them ingood faith in theof theaforesaidpower 14.3 theTrustees shall inparticularbeentitled - 14.3.1 toborrow foranypurposesof theTrustor for thebenefitofanyBeneficiary, such sumsofmoneyon such termsand conditionsas theymay consider fitwithpower to consent toany variationsoralterationsof the termsofany such loanand tomortgageorpledgeeithergenerallyor speciallyanyasset constituting portionof theTrustFundand tomake, signandexecuteand cause tobe registered suchmortgagebonds,or deedsofhypothecationasmaybe requisite,and ifconsidered fit toborrowafreshon securityorotherwise for thepurposeof repayingany such loan,mortgageorpledge; 14.3.2 to lendmoneywithorwithout interestandwithorwithout security toanyBeneficiaryandon such termsas they shall think fit; 14.3.3 toexercise thevotingpowerattached toany share formingpartof theTrustFund in suchmanneras theymay consider in thebest interestof theTrustand shallbeentitled, toenter into sucharrangementsas theymay consider fit for thepurposesof causing the liquidation, reconstructionoramalgamationofanyof thecompaniesofwhosecapital the said shares shall formportionand shallbeentitled toenter intoand carry outany suchagreementoragreementsas theymay considerappropriate in regard thereto. And if they find it difficultor impractical toprocure the registrationofany sharesorequities in thenameof theTrust,or for purposesofexercisingany voting rightsattaching thereto, theTrustees shallbeentitled to register such sharesor securitiesbelonging to theTrustFund in the individualnameofanomineeoranominee company and to take such safeguards in connection therewithand thevoting rightsattaching theretoas they consider necessary 14.3.4 tocauseany re-organisation, consolidation,mergeror re-adjustmentof thecapital valueofany shares ofany companywhichmayatany timebeheldaspartof theTrustFund,andarisingoutof such re- organisation, consolidation,mergeror re-adjustment shallbeentitled to receiveand continue toholdas portionof theTrustFundanyassetaccruingby reasonof theirparticipation inany suchmatter; 14.3.5 toacquire shares inanyprivateorpublic companies incorporated inoroutsideSouthAfricaand to take upany rights,bonusor capitalisation sharesorotheradvantagesattaching toany shareswhichmaybeheld by them; 14.3.6 toexerciseany rightsofconversionor subscriptionappertaining toany sharesatany timeheld in the capitalofany companywhichareportionof theTrustFund,or,at theirdiscretion to sellor realiseany such rights; 14.3.7 topurchaseany immovablepropertyon such termsas they think fitand insofarasany immovable propertymay formportionof theTrustFund, toexchange, sell, leaseorotherwisedealwith such immovable propertyoranyportion thereofandgrant the rights toprospector toacquire the sameor servitudesorother rights thereoveron such termsand conditionsas theymay consider fitand repairanybuildings thereonor erect suchbuildingsandeffect such improvements thereon that they consider fitas theymightdo if they themselveswereownersof such immovableproperty; 14.3.8whenevereffectingany saleofanyassets constitutingportionof theTrustFund, togrant credit in respectof theholeoranyportionof thepurchaseprice,withorwithout securityandwithorwithout interest oras they in their soleandabsolutediscretionmay consider fit; 14.3.9 to treatas incomeof theTrustFundanyperiodicamountsalthough received fromwasting assetsand shallnotbe required tomakeanyprovision foramortisationof the same,andgenerally todecideby apportioning in suchmanneras theymay consider fitanyquestionwhichmayariseas tohowmuchofany amount receivedby them constitutes capitalor income, 14.3.10 to transfer thewholeorpartof theTrustFund toanypartof theworld in theeventofanational calamity inSouthAfricaorelsewhere,or forany reasonwhich in thediscretionof theTrustees renders it desirable so todoprovided thenecessaryExchangeControlapproval isobtained, 14.3.11 tocall forand recover, collectand sue forallmoniesowing to them, to foreclosebonds tobuy securities, to instituteordefend legalproceedings in thenameof theTrustor toproceed toarbitration in respectofanymatteror thing in respectofwhich theTrustees sodetermineand to signalldeeds,powersof attorneyandanyotherdocuments thatmaybenecessary in thecircumstances, 14.3.12 toopenandoperateabankingaccount in thenameof theTrustprovided thatall chequesandother instruments shallbe signed in suchmanneras theTrusteesmaydeterminebymeansof resolution, 14.3.13 toallowanyBeneficiary tooccupyanybuildingownedor leasedby theTrust freeof chargeorat such rentalasmaybedeemed reasonableby theTrustees Amendedand restatedTrustDeed 21.PowersofTrustees 21.4.13 to receiveMembershipContributions,and the proceedsofMembershipBookPurchasePriceand Leeto la MoriaReceipts; 21.4.14 subject to thepassingofaunanimous resolution, to issue,amendand terminate theMasterRegulations and/or theBasicBenefitsRegulationsand theEnhanced BenefitsRegulationsand/or suchotherRegulationsasmay be required; 21.4.15 subject to thepassingofaunanimous resolution, to compromise, compound, submit toarbitrationor settle upon such termsand conditionsas theymaydeem advisableall claimsmadebyoragainst theTrustor them in their capacityasTrusteesormattersarising in relation to theTrustandall compromisesand settlementseffectedby them shallbe finalandbindingonallTrustBeneficiaries under thisTrustDeed; 21.4.16 subject to thepassingofaunanimous resolution, eitheraloneor in conjunctionwithothers toprocure the incorporationofoneormore companies toholdanyassets whichareunder theiradministrationorwhichvest in the Trustand for thatpurpose to sellanypartof theTrustFund to thecompanyor companies so incorporatedon such termsas they in theirdiscretiondeem fitand toprocure theallotment to themselves, in their capacitiesasTrustees, of the sharecapitalofany such companies; 21.4.17 to insure theassets, incomeand liabilitiesof the Truston such termsas they in theirdiscretiondeem fit, with the specificpowerof insuring,at thecostof theTrust, themselves in respectofactionsandomissionsasTrustees againstanyordinarily insurablepersonal liabilityon their part,whetherunder theAct,other legislationor the common law; 21.4.18 subject to thepassingofaunanimous resolutionof theTrustees, toenter intopartnerships, jointventuresand similar contractsand relationships; Reasons formaterialdifferences *To theextentanydifferencesbetween theprovisionsof theexistingKganyaBenefitsFundTrustDeedand theamendedand restatedKganyaBenefitsFundTrustDeedhavebeen identified thatdonotadverselyaffect the rightsof themembers to theKganyaBenefitsFundTrust, such changeshavebeenmarked inorange in the corresponding cellsbelow. **To theextentanydifferencesbetween theprovisionsof theexistingKganyaBenefitsFundTrustDeedand theamendedand restatedKganyaBenefitsFundTrustDeedhavebeen identified thatdoadverselyaffect the rightsof themembers to theKganyaBenefitsFundTrust, such changeshavebeenmarked in red in the corresponding cellsbelow. ***Materialdifferencesor changes indicated in red shading shallbeaccompaniedbya letter referencing thematerialdifferenceor change in themarked columnand the corresponding letter referencing suchmaterialdifferenceor changewillbeaccompaniedbyanexplanation for thematerialdifferenceor change. ****Capitalised termsused in this comparison shallhave themeaningascribed to them in thedocuments considered in this comparison,unless indicatedotherwise 19.Meetings 19.1ATrusteemayat any time summona meetingof the Trusteesonnot less than7days'notice to the remaining Trustees,oron such shorternoticeasmay beagreedbyall the Trustees. 19.2Ameetingof the Trusteesmaybe conductedby electronic communicationor oneormoreTrustees mayparticipate ina meetingbyelectronic communication, so longas theelectronic communication facilityemployed ordinarilyenablesall personsparticipating in thatmeeting to communicate concurrentlywith eachotherwithoutan intermediary,and to participateeffectively in themeeting . 19.Meetings 19.3Anoticeofa meeting mustbe in writing anddelivered toeachTrustee. Such noticemaybe inany formbutmustasa minimum include - 19.3.1 thedate, time andplace; 19.3.2adetailed agenda; 19.3.3 information with respect to the availabilityof participation in the meeting (and in the postponementor adjournmentof the meeting)byelectronic communicationand thenecessary information toenable Trustees toaccess the availablemedium; 19.3.4 thegeneral purpose; 19.4Thecontentsof thenoticeandagenda shallbepreparedby theManaging Trustee. 19.Meetings 19.5AnyTrusteemayat any time require thatany matterbe includedon theagenda forameeting of theTrustees. 19.6Meetingswillbe heldata reasonable time andvenue. In the ordinary course, meetingswillbeheldat theprincipalplaceof businessof theTrustor at suchother venueas theTrusteesmayagree to inwriting. 19.7Minuteswillbe - 19.7.1keptofall meetings; 19.7.2 settledby the ManagingTrusteeand circulated toallTrustees within30 days following themeetingoras soonas reasonablypossible thereafter; 19.7.3 submitted to the nextmeeting for approval,withorwithout modification; 19.7.4 signedby the chairpersonof that meeting confirming the approvalof themeeting 20.Resolution in Writing 20.1A resolution in writing signedbyall the Trustees shallbeasvalid andeffectiveas if ithad beenpassedata meetingof theTrustees. 20.2Any such resolution shallbedeemed tohave beenpassedon the latestdateonwhich it was signedby the lastof theTrustees. 20.3Anemailofa signed resolution shallbe acceptableevidence that such resolutionhasbeen signedby theTrustee whose signatureappears on theemail. 20.4 Forpurposesof this clause20 "sign"or "signed" shall include confirmation inwriting by theTrustee that he/she is in favourof resolution 21.PowersofTrustees 21.1TheTrustees shall standpossessed,and shallbe responsible for theadministrationof theTrustFund in accordancewith theobjectsof theTrustand the application thereofand incomeaccruing thereto,with thepower to retain the sameoranyportion thereof in its then formand from time to time to realise, transpose, re-investorotherwisedealwith theTrust Fundas they in theirdiscretionmaydetermine. 21.2TheTrustees shallhavepower toadd to the TrustFundbyaccepting additions theretowhichmay bemadeby testamentarybequestsorbydonations inter vivosorbyanyothermeans. 21.3Allproceeds receivedor realisedby theTrustees from the saleor realisationor transpositionofanyof theassetsor investmentsof theTrustFundwhich maynotbeapplied for thepurposes setout in clause 25hereof shallbe investedand reinvestedby them in suchmanneras theymaydeem fit inanypartof the world, in stocks, funds, shares, securitiesorother investmentsorproperty,movableor immovableof whatsoevernatureandwheresoever situate,and whether involving liabilityornot,andwhether producing incomeornot,orupon suchpersonal creditwithorwithout securityas theTrustees shall in theirdiscretiondeem fit,with fullpowerand authority to tradeand tocarryonbusinessof whatsoevernature,eitherby themselvesor in partnershiporassociationwithothers, itbeing the intention that theTrustees shallhave the same full andunrestrictedpowersof investing and transposing investmentsas if theywereabsolutelyentitled theretobeneficially. TheTrustees shallnotbe liable forany loss to theTrustarising fromany investment orpurchasemadeby them ingood faith in the professedexerciseof theaforesaidpower 21.PowersofTrustees 21.4Trustees shallhave thepowerand shall inparticularbe entitled- 21.4.1 todealwith theTrustFundas they in theirdiscretion maydeem tobe in thebest interestsof theTrustand/orTrust Beneficiaryand for thatpurpose toperformallacts to the sameextentandwith the sameeffectas theDonormight havedone if thisTrustDeedhadnotbeenexecuted,and the Trustees'decisionsandactions,whetheractuallymadeor taken inwritingor implied from theiracts, shallbeconclusive andbindingonallTrustBeneficiaries,provided thatany disposalof someorallof theTrustFund shall requirea unanimous resolutionof theTrustees; 21.4.2 subject toclause25.1, to reimburse themselves from theTrustFund forallexpenseswhichmaybe reasonably incurredby them inorabout theexecutionof theTrustand powers conferredupon them,and,withoutdetracting from theaforegoing, toemployprofessionaladvisers, consultants, agentsandotherpeoplewhomsoever tocarryout theobjects of theTrustand topay their fees, commissions, remuneration andother chargesoutof theTrustFundand toconferupon anyagents soappointed the right toexerciseanydiscretion whichmaybevested in theTrustees; 21.4.3 to instruct theAdministrator todevelop tailor-made, affordable insurance-relatedproductsandancillary services for thebenefitofmembersof theZCC,asdirectedand approvedby theTrustees from time to time 21.4.4 toopen (to theextentapplicable)andoperate the Trust'sBankAccountsprovided thatall chequesandother instruments shallbe signed in suchmanneras theTrustees maydeterminebymeansofaunanimous resolution; 21.4.5 subject to thepassingofaunanimous resolutionof the Trustees, toenter into thePremiumPaymentAgreement, the ServicesAgreement, theRelationshipAgreementandall otheragreementsnecessary togiveeffect to theobjectsof theTrust; 21.PowersofTrustees 21.4.6 subject to thepassingofaunanimous resolution, toprovide securityoveralloranyportion of theTrustFund retained in theTrust's Bank Accountsand/orany related callaccounts for the paymentof thePremiumsandAdditionalPremiums from theTrustFund, in themannerandextentasmay bedeterminedand toenter intoallagreements required togiveeffect to such security; 21.4.7 subject to thepassingofaunanimous resolution, todetermine theBenefitswhich shallbe providedand/orprocured for theMembers,aswell as suchadditionalbenefitsas theTrusteesmay determine; 21.4.8 subject to thepassingofaunanimous resolution, todetermine theMembership Contributions, in thediscretionof theTrusteesas provided for in theMasterRegulations; 21.4.9 subject to thepassingofaunanimous resolution, consultand support theZCC in respectof thedesignationofpersonsasChurchOfficials, entitled to theEnhancedBenefitsas setout in the MasterRegulations; 21.4.10 todetermine thevalueof thedonation tobe made to theZCC from theMembershipContributions received, subject to thepassingofaunanimous resolution; 21.4.11 subject to thepassingofaunanimous resolution, toprocureandprovideMembership Books for theMembersanddetermine the MembershipBookPurchasePrice; 21.4.12 subject to thepassingofaunanimous resolution, toappointanypersonor company to carryout certainduties including theadministration ofMembershipContributions, thepaymentof Benefits, thedistributionof stationeryand the maintenanceof records 21.PowersofTrustees 21.4.22 subject to thepassingofaunanimous resolution,either solelyor in conjunctionwithotherpersons, to causeany re- organisation, consolidation,mergeror re-adjustmentof the capital valueofany sharesofany companywhichmayatany timebeheldaspartof theTrustFund,andarisingoutof such re- organisation, consolidation,mergeror readjustment, shallbe entitled to receiveand continue toholdasaportionof theTrust Fundanyassetaccruingby reasonof theirparticipation inany suchmatter; 21.4.23 subject to thepassingofaunanimous resolution, to acquire shares inanyprivateorpublic companies incorporated in oroutside ofSouthAfricaand to takeupany rights,bonusor capitalisation sharesorotheradvantagesattaching toany shares; 21.4.24 subject to thepassingofaunanimous resolution , to exerciseany rightsof conversionor subscriptionpertaining to any sharesatany timeheld in thecapitalofany companywhich areaportionof theTrustFund,or,at theirdiscretion to sellor realiseany such rightsbutwhenever investments shallbemade by theexerciseofconversionor subscription rights the sharesor other rights received shallbedeemed to formportionof the TrustFund; 21.4.25 subject to thepassingofaunanimous resolution, to exerciseall thevotingpowersattaching toanydebenturesor other securitiesatany timeheldby theTrust; 21.4.26 subject to thepassingofaunanimous resolution,useany voting rightsattached toany shares tocause such change tobe made in theboardsofdirectorsor in theotherofficersofanyof thecompanies involvedas they in theirdiscretionmay consider tobe in thebest interestsof theTrustand they shallbeentitled toappointanyoneormoreof themselvesas suchdirectorsor officersor cause someotherpersons tobe soappointedon the basis that suchpersonswillactasnominees for theTrusteeswith the right to receiveand retain remuneration for their services ; 21.PowersofTrustees 21.4.19 subject to thepassingofaunanimous resolution, toborrow foranypurposesof theTrustor for thebenefit ofanyTrustBeneficiary, such sumsofmoneyon such termsand conditionsas theymay consider fitwithpower to consent toany variationsof the termsofany such loan and tomortgageorpledgeeither generallyor specially anyasset constitutingaportionof theTrustFundand to make, signandexecuteand cause tobe registered such mortgagebonds,ordeedsofhypothecationasmaybe requisite,and if considered fit toborrowafreshon securityorotherwise for thepurposeof repaying any such loan,mortgageorpledge; 21.4.20 subject to thepassingofaunanimous resolution, to lendmoneywithorwithout interestandwithor without security toanyTrustBeneficiary upon such termsas they shall think fit; 21.4.21 subject to thepassingofaunanimous resolution, toexercise thevotingpowerattached toany share formingpartof theTrustFund in suchmanneras they may consider in thebest interestof theTrustand shallbe entitled,either solelyor in conjunctionwithanyother person, toenter into sucharrangementsas theymay consider fit for thepurposesofcausing the liquidation, reconstructionoramalgamationofanyof thecompanies ofwhosecapital the said shares shall formportionand shallbeentitled toenter intoand carryoutany such agreementsas theymay considerappropriate. And if they find itdifficultor impractical toprocure the registrationofany sharesorequities in thenameof the Trust,or forpurposesofexercisingany voting rights , the Trustees shallbeentitled to register such sharesor securitiesbelonging to theTrustFund in the individual nameofanomineeoranominee companyand to take such safeguards in connection therewithand thevoting rightsattaching theretoas they considernecessary 21.PowersofTrustees 21.4.27 subject to thepassingofaunanimous resolution, toagree toanyalterationor conversionof thecapitalofany company if sharesof thecompany formpartof theTrustFund; 21.4.28 subject to thepassingofaunanimous resolution , to purchaseany immovablepropertyon such termsas they think fit and insofarasany immovablepropertymay formportionof the TrustFund, toexchange, sell, leaseorotherwisedealwith such immovablepropertyoranyportion thereofandgrant the rights to prospector toacquire the sameor servitudesorother rights there overor in respect thereofon such termsand conditionsas they may consider fitand repairanybuildings that they consider fit to all intentsandpurposesas theymightdo if theywereabsolute ownersof such immovableproperty; 21.4.29 subject to thepassingofaunanimous resolution,without limiting clause21.4.30 to leaseanypropertywhich isdonatedor bequeathed toorotherwiseacquiredby them in their capacitiesas Trustees in the form inwhich they receive it for suchperiodas they in theirdiscretiondeem fit,or toexchangeanyof the saidassets from time to timebywayofexchange, sale, leaseorotherwise and, inexercisinganypowersof sale,whether conferred in this clauseorotherwise, to cause such sale tobeeffectedbypublic auction,public tenderorprivate treaty,as theymay consider fit, withpower to invest theproceedsofany realisationandanyother amount from time to time in theirhands in suchmannerand in suchplaceas they in theirdiscretiondeem fitand to realiseand varyany such investments from time to time; 21.4.31 subject to thepassingofaunanimous resolution, to sign andexecute transfersand cessionsofproperty,bonds, consents to cancellationsofbonds, leases, servitudesandotherdeedsand powersofattorney relating thereto,andgenerallyalldocuments asmaybe in connectionwith theacquisition, realisation,disposal orencumbranceofassetsofor for theTrustand thecarryingoutof the termsof thisTrustDeed; 21.PowersofTrustees 21.4.31 subject to thepassingofaunanimous resolution,whenever effectingany saleofanyassets constitutingportionof theTrustFund, togrant credit in respectof thewholeoranyportionof thepurchase price,withorwithout securityandwithorwithout interestoras they in theirdiscretionmay consider fit; 21.4.32 to treatas incomeof theTrustFundanyperiodicamounts although received fromwasting assetsand shallnotbe required to makeanyprovision foramortisationof the sameandgenerally to decidebyapportioning in suchmanneras theymay consider fitany questionwhichmayariseas tohowmuchofanyamount receivedby them constitutes capitalor income; 21.4.33 tocall forand recover, collectand sue forallmoniesowing to them, to foreclosebonds tobuy securities, to instituteordefend legal proceedings in thenameof theTrustor toproceed toarbitration in respectofanymatteror thing in respectofwhich theTrustees so determineand to signalldeeds,powersofattorneyandanyother documents thatmaybenecessary in thecircumstances; 21.4.34 subject to thepassingofaunanimous resolution, toallowany TrustBeneficiary tooccupyanybuildingownedor leasedby theTrust freeof chargeorat such rentalasmaybedeemed reasonableby the Trustees; 21.4.35 tomaintainordevelopanyproperty for thebenefitof the TrustBeneficiaries; 21.4.36 subject to thepassingofaunanimous resolution, tocarryon any tradeorbusiness, including farming; 21.4.37 toemployandpayagentsandadvisers foranypurposeand generally todoanything theydeemnecessary in connectionwith the businessof theTrust; 21.4.38 toemploy such staffand toacquireor rent such accommodationas they considernecessary for theproper administrationof theTrust; 21.4.39 subject to thepassingofaunanimous resolution, toenter into any shareholders'agreement in respectofany sharesheld inany companies restricting thedisposalof those sharesand inparticular granting rightsofpre-emption toother shareholdersof the said companiesandalso relating tovoting; PowersofTrustees 21.4.40 subject to thepassingofaunanimous resolution, toadministerand invest fundson behalfofZCCupon requestand instructions of theZCCor toenter intoagreementswith anyotherperson for thispurpose 21.4.41 subject to thepassingofaunanimous resolution, toenter intocontractsonbehalfof theTrustand toadoptandacceptbenefits under contractsentered into for thebenefitof theTrust,whetherbeforeorafter its creation 21.4.42 subject to thepassingofaunanimous resolutionof theTrustees, toguarantee obligationson such termsas they consider fit, including the renunciationof thebenefitsof excussionanddivision,provided that this powermaybeexercisedonly if theprincipal debtor isaTrustBeneficiaryora company concernorundertaking inwhich theTrusthas adirector indirect interest; 21.4.43 subject to thepassingofaunanimous resolution, tomakecasualdonations toany TrustBeneficiaryas theymay select,and in suchamountoramountsas theymay from time to timedeemappropriate; 21.4.44 to ratifyand confirmanyagreement whichmayhavebeenentered intobefore the formationof thisTrustbyanyoneof the TrusteesasTrustee fora trust tobe formed; and 21.4.45 generally todoanything theydeem necessaryorexpedient in connectionwith the businessand/oraffairsof theTrustand requiredorallowedunder thecommon law orby statute 14.3.14 toenter intoan insurancepolicy - 14.3.14.1 including a fundpolicy for thepurposeof funding theobligationsof theTrust in respectof the provisionofBurialBenefitspayable toMemberBeneficiaries,and 14.3.14.2 to fundBenefits, 14.3.15 to lease,maintainordevelopanyproperty, 14.3.16 tocarryonany tradeorbusiness, including farming, 14.3.17 toemployandpayagentsandadvisers foranypurposeandgenerally todoanything theydeem necessary for thebusinessof theTrust, 14.3.18 toappointanypersonor company to carryout certainduties including theadministrationof Contribution collections, thepaymentofBenefits, thedistributionof stationaryand themaintenanceof records, 14.3.19 toemploy such staffand toacquireor rent suchaccommodationas they considernecessary for the administrationof theTrust, 14.3.20 toenter intoany shareholders'agreement in respectofany sharesheldby them inany companies relating toor restricting thedisposalof those sharesand inparticulargranting rightsofpre-emption toother shareholdersof the said companiesandalso relating tovotingarrangements, 14.3.21 toadministerand invest fundsonbehalfofZCCor toenter intoagreementswithanyotherperson for thispurpose, 14.3.22 toenter into contractsonbehalfof theTrustand toadoptandacceptbenefitsunder contracts for the benefitof theTrust,whetherbeforeorafter its creation, 14.3.23 toguaranteeobligationson such termsas they consider fit, including the renunciationof thebenefits ofexcussionanddivision,provided that thispowermaybeexercisedonly if theprincipaldebtor isa Beneficiaryor company concernorundertaking inwhich theTrusthasadirector indirect interest, 14.3.24 tocreateanew trust for thebenefitofanyormoreBeneficiariesand to transfer toany suchnew trust anypartof theTrustFund, 14.3.25 tomakecasualdonations toanyBeneficiaryas theymay select,and in suchamountsas theymay deemappropriate, 14.3.26 tocollectContributionsonbehalfofZCC, 14.3.27 to issue,amendand terminateRegulationsandMasterRegulations, 14.3.28 to ratifyand confirmanyagreementwhichmayhavebeenentered intobefore the formationof this Trustbyanyoneof theTrusteesasTrustee fora trust tobe formed,and 14.3.29 generally todoanything theydeemnecessaryorexpedient in connectionwith thebusinessof the Trust