As with all standard form agreements, health warnings apply. The form template needs to be reviewed and modified to meet the specifics of the project. Nor does it intend to be exhaustive, so it may not cover all the points to be addressed. It will be important to ensure that the provisions agreed in the trust agreement do not cut the terms of the underlying construction contract and are not contrary to the Housing Grants, Construction and Regeneration Act 1996. Since trust agreements are tripartite agreements between the employer, the contractor and the trustee, it is important that they be carefully developed to protect the interests of each party. The absence of standard forms trust agreements has led to them being customized in most areas and designed by experienced lawyers. .