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Poole Charter Trustees Notice of conclusion of audit Annual Governance & Accountability Return for the year ended 31 March 2021 Sections 20(2) and 25 of the Local Audit and Accountability Act 2014
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Trusteeship is a legal arrangement in which a trustee holds the authority to manage assets on behalf of beneficiaries, overseen by the US Department of Justice.
Individuals or entities appointed as trustees and responsible for managing assets on behalf of beneficiaries are required to file trusteeship with the US Department of Justice.
To fill out trusteeship with the US Department of Justice, trustees must provide information about the assets being managed, beneficiaries, and any relevant documentation.
The purpose of trusteeship overseen by the US Department of Justice is to ensure that assets are managed appropriately and in the best interests of beneficiaries.
Information such as details of assets being managed, beneficiaries, trustee responsibilities, and any changes to the trusteeship arrangement must be reported to the US Department of Justice.
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