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29 October 2009Name Designated Account Address Suburb State PostcodeDear Investor Benton Industrial Fund (Fund) Entitlement Offer / Suspension of distributionsBecton will return all Benton Industrial
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Who needs designated account?

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Individuals who are planning to open a specific type of account, such as a trust account, escrow account, or special purpose account, may need a designated account.
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Businesses or organizations that require segregated accounts for specific purposes, such as collecting donations for a charity or managing funds for a project, may also need designated accounts.
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Financial institutions or banks that need to comply with regulatory requirements or manage client funds in a specific manner may establish designated accounts.
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Certain legal entities, such as estates, guardianships, or conservatorships, often require designated accounts to manage and distribute funds.
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Individuals or organizations involved in legal proceedings, such as court-appointed administrators or trustees, may need designated accounts to handle funds related to the case.
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A designated account is a specific bank account that is used for a particular purpose, such as paying taxes or managing funds for a specific project.
Certain individuals or organizations, such as non-profit entities or government agencies, may be required to file designated account based on the regulations in their jurisdiction.
Designated account forms can typically be filled out online or submitted in person to the appropriate regulatory agency. The forms will require information about the account holder, the purpose of the account, and any relevant financial information.
The purpose of a designated account is to ensure that funds are used for their intended purpose and to provide transparency in financial transactions.
Information such as the account holder's name, address, account number, purpose of the account, and any financial transactions related to the account must be reported on designated account forms.
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