Regulation 7 Disclosure of information in relation to trust RACs - Constitution of the Trust RAC.
(1) Subject to sub-article (4), the trustees of a trust RAC shall make available in the manner specified in sub-articles (1B), (2), (3) and (3A) below, to the relevant persons the following -
(a) the contents of the trust deed where the trust RAC is constituted by such a deed,
(b) the contents of any document constituting the trust RAC where the trust RAC is not constituted by a trust deed,
(c) the contents of the rules of the trust RAC, and
(d) the contents of any document which amends or supplements or wholly or partly supersedes a document the contents of which fall to be furnished under paragraphs (a), (b) and (c).
(1A) The trustees of a trust RAC shall notify members and beneficiaries, or a representative, of any relevant information in respect of changes to the trust RAC rules, not later than 4 weeks from the date of any such changes and shall, with that notification, provide -
(a) the contents of any document which amends or supplements or wholly or partly supersedes the documents referred to in sub-article (1)(a) to (c), and
(b) the notification referred to in Article 8(4)(a), if applicable.
(1B) A copy of the documents specified in paragraphs (a) to (d) of sub-article (1) shall be furnished, free of charge, to every member or beneficiary, within 2 months, as the case may be, of the person becoming a member of the trust RAC or benefits becoming payable to the beneficiary under the trust RAC.