The Guardian’s Fund (GF) is a statutory trust established in terms of Chapter V of the Administration of Estates Act, 1965. The GF consists of all money received by the Master of the High Court under the act or any other law or pursuant to an order of a court or any money accepted by the master in trust for any known or unknown person. The Guardian’s Fund falls outside the statutory definition of a trust in South Africa but appears to fall within a wider, more general sense of the ambit of a trust.
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