NHT has no trustees
THE EDITOR, Sir:
I am particularly impressed with yesterday's article (Ronald Mason, 'Hypocrisy to the hilt', Sunday, November 23, 2014), and, in particular, your ability to distinguish between a trust in the context of a trust fund and the National Housing Trust, which is clearly defined at section 3(1)of the Act as a corporate body.
It is to be noted that the words in that section (hereinafter referred to as the trust) is in parenthesis.
Definitions, as you mentioned, is always a good way to have a discussion on a subject.
The definition I have found in my legal dictionary for 'trust fund' is a legal entity that holds property for the benefit of another person, group or organisation.
All trust funds have three important parties: grantor, beneficiary, trustee. It is simply dumb for people, including lawyers, to be arguing that the Housing Trust is a trust fund.
All the radio listeners I have talked to are wondering why the Gleaner's Power 106 FM did not put you in the slot where Mr Cliff Hughes is so we could have some impartial commentaries.