International Trusts Order, 2000 · As enacted · Part XI · Governing Law
103. Change of governing law
Official textFrom Attorney General's Chambers, unchanged
Where a term of a trust so provides, the governing law may be changed to or from the law of Brunei Darussalam if -
trust
"trust" means an international trust except where the context otherwise requires;
1193
{a}
in the case of a change to the law of Brunei Darussalam, such change is recognised by the governing law previously in effect; and
{b)
in the case of a change from the law of Brunei Darussalam, the new governing law recognises the validity of the trust and the respective interests of the beneficiaries.
A change in the governing law shall not affect the legality or validity of, or render any person liable for, anything done before the change.
person
"person" includes a natural person, any company or.association or body of persons, corporate or incorporated, including a partnership whether limited, unlimited or an international limited partnership created under the International Partnerships Order, 2000;
For the avoidance of doubt, a change in the governing law of a trust shall not-
(a}
cause a new trust to be created; or
(b}
prejudice or affect the continuity of the trust.
Terms defined in s 2
person
Defined · s 2"person" includes a natural person, any company or.association or body of persons, corporate or incorporated, including a partnership whether limited, unlimited or an international limited partnership created under the International Partnerships Order, 2000;
trust
Defined · s 2"trust" means an international trust except where the context otherwise requires;