36Requirements for registration

#### 36 Requirements for registration 36 Requirements for registration > > (1) A company or any group of individuals is not entitled to be registered to act as trustee or trustees of trust funds under pre-paid contracts unless the company or the individuals, as the case may be— > > > > > (a) does not or do not carry on pre-paid funeral benefit business, > > > > > (b) will be able to comply with such of the provisions of this Act as would be applicable to it or them, and > > > > > (c) possesses or possess such other qualifications as may be prescribed, and > > > > > (d) in the case of a company—the company, under the rules of the company, is required to have not less than 3 directors. > > > (2) For the purposes of subsection (1) (a), a person does not carry on pre-paid funeral benefit business by reason only that the person is a member or officer of a corporation that carries on that business. > > **s 36:** Am 2004 No 91, Sch 1.17 \[4\] \[5\].