| I/We authorise
Sanford Securities Ltd (“Sanford? as my/our agent to: |
| 1 |
Open a cash management
account (the "Account") with National Australia Trustees
Ltd ACN 007350405 ("NAT"), NAT being a wholly owned
subsidiary of National Australia Bank under the style
and name of:
"My/Our share trading account name", care of Sanford
Securities Ltd, Level 6, 225 St Georges Terrace, Perth
WA 6000, Australia, in accordance with the prospectus
of the relevant cash management fund/trust.
|
| 2 |
Deposit in the
Account as soon as practicable, any funds received from
me/us or for my/our account;
|
| 3 |
Withdraw from
the Account in such a manner and at such times as Sanford
deems reasonable and expedient and transfer such withdrawn
amounts to the Sanford Trust Account for the purpose
of discharging or meeting my/our share trading commitments
and other obligations and liabilities to Sanford, or
for making payments in accordance with my/our written
directions;
|
| 4 |
Disclose my/our
Tax File Number(s) or exemption details (if available
in your records) to the manager or trustee of the relevant
cash management fund/trust;
|
| 5 |
Appoint your
duly authorised representative to be the authorised
signatories of the Account; and
|
| 6 |
Agree and acknowledge
that only Sanford may instruct NAT to withdraw or transfer
monies out of the Account. Further agree and acknowledge
that I/We, my/our authorised representatives or any
other person may not instruct NAT to withdraw or transfer
monies out of the Account.
|
I/We acknowledge that
I/We have read and understood the applicable prospectus
for the National Australia Trustees At
Call Common Fund A1 cash management account (Adobe Acrobat required) .
I/We acknowledge that Sanford may receive a commission
of 0.25% p.a. from the manager or trustee of the relevant
cash management fund/trust. This is paid out of their
fees as per the terms of the prospectus.
I/We acknowledge that my/our interest in the National
Australia Trustees At Call Common Fund A1 will not be
subject to the protection of the National Guarantee Fund.
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