(1) An issuer or a guarantor of debentures issued or to be issued under a trust deed shall, before doing any act that is described in paragraph (a), (b) or (c), furnish the trustee with evidence of compliance with the conditions in the trust deed relating to the—
(a) issue, certification and delivery of debentures under the trust deed;
(d) release, or release and substitution, of property that is subject to a security interest constituted by the trust deed; or
(c) satisfaction and discharge of the trust deed.
(2) Upon the demand of a trustee, the issuer or guarantor of debentures issued or to be issued under a trust deed shall furnish the trustee with evidence of compliance with the trust deed by the issuer or guarantor in respect of any act to be done by the trustee at the request of the issuer or guarantor.