You will require this approval if you are operating a funeral business and intend to offer prepaid funerals and are not exempt from setting up a funeral trust. A prepaid funeral is:
- where funeral arrangements are predetermined
- a contract is signed
- money is paid in advance.
All monies received are required to be deposited into an approved funeral trust and a custodian must be appointed as manager of the trust.
Please consult the Contact Officer for more information.