Subscribe to Master Page Model events from Child Page

Can you explain a little more what you mean? I can think of a couple ways to implement this:
(a) Allow adding Model Actions to Master Page Models from a Child Page. These Model Actions would only be run from a particular child page.
(b) Add a Page-level Actions area (would be nice to have regardless of the Master/Child page scenario) where you could subscribe to events on one or more Models in the Child Page or the Master Page.