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Let me deal first with the narrow question of blind trusts.
Blind trusts were a pretty disgraceful way of giving secret funding to political parties.
Trust funds, including blind trusts, are specifically excluded from the definition of a permissible donor.
Blind trusts have been held and closed without anything publicly being declared about the detail, and blind trusts are still running.
Blind trusts have been the subject of a good deal of criticism.
Has she seen the preferment that has been given to the trustees of the blind trust?
The money is not simply let go with blind trust.
In my opinion, it succeeds in avoiding two pitfalls: blind trust in the nuclear power industry and highly unreasonable fears of that same industry and related fantasies.
That uncertainty is causing many problems: should people invest and expect a second charge for their policies, or are they expected to depend on blind trust?
I have taken advice from the assistant registrar, who says that a blind trust would no longer be acceptable because when the system was last used it broke down.
What about the blind trust?
Alas, they paid dearly for their courage and blind trust in the law.
An additional blind trust, valued at $100 million in 2012, exists in the name of their children.
The blind trust which hopes to find a new owner for the league abandons its efforts, and the league has over $2 million in debts.
This is referred to as a blind trust.
