01

Appointment of ESSTF Trustees

In order to commence work, ESSTF Trustees Limited needs to be engaged by the State.
02

Fund Set-Up

The Fund set up either by Law or on advice of the Advisory Committee.
03

Appointment of BoT

A Board of Trustees (BoT) is constituted for the Fund.
04

Appointment of Executive Secretary

An Executive Secretary needs to be appointed to oversee the day-to-day operations of the ESSTF.
05

Technical Sub-committee

Depending on the project to be adopted, a sub-committee needs to be created to oversee the execution of said project.
06

Appointment of other parties

Appointment of other parties (where necessary) for the Fund. Auditors, project managers etc.
07

Fund-Raising Event

A fund-raising event and marketing campaign will be planned and executed by the trustees and the State for public awareness.
08

Fund Administration

Fund administration involves investments, disbursement and reporting of the funds received into custody.