We are a provisional 12AB registered Trust. We commenced activities 6 months ago. Do we wait for the provisional certificate to expire (3 years) before applying for Regular Registration?
No, do not wait. You must apply for Regular Registration (Form 10AB) within 6 months of commencement of activities. The 3-year expiry is irrelevant once you start operations. If you miss this “6-months-from-start” window, your registration can be cancelled retrospectively, risking “Exit Tax” liability.