DECEASED ACCOUNT Clause Samples

DECEASED ACCOUNT. 29.1 In the event of the Investor's deceased, the beneficiary can request to withdraw investment holdings from the deceased account. The beneficiary is required to provide the Fund Manager with the following documents: (a) Certified true copy of the death certificate; (b) Certified true copy Letter of Probate (with will) or Letter of Administration (without will); (c) Identification card to prove the identity of the executor or administrator. The Fund Manager shall pass the monies to the named person according to the instruction from the authorised party. However, there shall be no withdrawal transactions on the deceased account prior to the receipt of the above documents.