Trust deed obligations ensure trustees hold receivables in trust and protect investors' beneficial interests through specified disclosures and duties. The trust deed must provide that trustees take custody or control of underlying debts or receivables and hold them in trust for investors, that investors have the beneficial interest, and that trustees do not hold beneficial interest. Trustees' duties and obligations, particulars of any interest or association with originator or sponsor, details of trust property, issuance of certificates evidencing beneficial interest, payment allocation policies, annual pool performance reporting, trusteeship fees, investor-approval procedures and prohibition on prejudicial amendments must be specified.