International Trusts Order, 2000 · s 92

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s 92Validation of powers and discretionary trusts

(1)

Neither powers for trustees, settlors, protectors or others to add to the beneficiaries of a trust, or to appoint trust property among a class of persons, nor any discretionary trusts, shall be invalid on the ground that it is not possible to ascertain with certainty all the potential beneficiaries of the power or trust, or on the ground that the class of potential beneficiaries is unlimited, or limited only by the exclusion of specified persons.

(2)

The validity of a trust shall not be prejudiced by the inclusion of any power or discretion whose validity is preserved by subsection (1).

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