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Qualifications to act as Trustee

The Trustee shall be: (a) a scheduled bank licensed under the Banking Companies Ordinance, 1962 (LVII of 1962) or a Development Financial Institution (DFI) which has been assigned a long term minimum rating of AA by a Credit Rating Company, and has been in operation for at least five (5) years; (b) a trust company which is a subsidiary of ...

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