Ok, here is my take on this......
A private TRUST has been formed.
Cara granted CARA into it, and Tommy ganted TOMMY into it
The government have LIENED this new person CARA "AND" TOMMY.
So the government IS the beneficiary of that TRUST.
And the government appointed the government as TRUSTEE of that trust.
That is HOW it goes in my French brain :-D
Printed copy · Anthology Volume 7, page 747 · cut by a page breakPrinted copy from The Tender For Law Anthology, Volume 7, page 747 (printed 13 June 2014). Added by this site; not part of the Facebook export. A page break in the printout cut off the beginning of this comment, with its name.