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Updated 8 Oct 2026, 02:43

Laws
International Trusts Order, 2000
s 73

In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)

Contents

International Trusts Order, 2000

Find in this law

1Citation, commencement and long title
2Interpretation
3Application and restrictions
17thJULy I 2000
4(1)

5Powers of investment
6Exercise of powers of investment
7
8Power to retain investments which have ceased to be authorised
9Loans and investments by trustees not chargeable as breaches of trust
10Powers concerning securities in companies
11Power to pay calls on shares or satisfy guarantees
12{ll Trustees may, pending the negotiation and preparation of any mortgage or charge or during any other time while an investment is being s...
13Application of Part II

14Trustees shall have the full individual beneficial owners absolutely entitled-
15Powers of trustees to sell by auction or private contract
16Power to sell parts
17Trust for sale of mortgaged property where right of redemption is barred
18p J
19Power to compound liabilities
20Power to raise money by sale, mortgage or otherwise
21Protection of purchasers and mortgagees dealing with trustees
22Power to insure
23Application of insurance money where policy kept up under trust, power or obligation
24Deposit of documents and chattels for safe custody
25Reversionary interests, valuation and audit
26Obtaining valuation
27Accounts, Audit
28Power to concur with others
29Power to employ agents
30Power to delegate trusts
31Devolution of powers of trustees
32Application of Part III

IVProtections and Indemnities of Trustees

33Protection in respect of property not vested in trustees and other property
34Obligation of trustees not relieved
35Protection in regard to notice
36A trustee acting or paying money in good faith under or in pursuance of any power of attorney shall not be liable for any such act or payme...
37Indemnity of trustees
38Maintenance, accumulation and advancement
39Protective trusts
4011)

41jl) Where a trustee either original or substituted and whether appointed by the Court or otherwise is dead or desires to be discharged from...
42Supplemental provisions as to appointment of trustees
43Retirement of trustee without new appointment
44Vesting of trust property in new or continuing trustees
17thJULy I 2000
45Application of Part VI

VIIPowers of the Court

46Power of Court to appoint new trustees

47Powers of new trustee appointed by the Court
48Power to authorise remuneration
49Vesting orders as to securities and things in action
50Vesting orders of charity property
51Persons entitled to apply for orders
52Any person entitled under section 51 to apply for an order may apply to the Court by summons for such order as he may deem himself entitled...
53Hearing of application
54Vesting orders in relation to minor's beneficial interests
55Powers concerning costs
56Power to make an order in a cause
57Medical evidence concerning a person's state of mind
58Action may be directed
59Power to vary trusts
60Power to authorise dealings with trust property
61Where in any proceedings the Court is satisfied that diligent search has been made for any person who is made a defendant in the character...
62Power to relieve trustee from personal liability
63Power to make beneficiary indemnify for breach of trust
64Payment into Court by trustees
65Orders in respect of funds in Court
66Power to give advice or directions
67Court may make rules

VIIIAuthorised Purpose Trusts

68Meaning of "purpose trust"
69Authorised purpose trusts
17th2000 {d) the trust instrument (or an instrument under which the trust fi.rst becomes subject to the law of Brunei Darussalam) (iJ provides...
70[1)
71Allocations to purposes and methods of execution
72Applications to the Court for enforcement
73

75[l) In this Part, unless the context otherwise requires
76Application of Part IX
77Objects of a special trust or power
78General law to apply
79Standing to enforce a special trust
80Appointment of enforcers
81Duties of an enforcer
82{1)
83
84Reformation and termination
8511)
86ill Section 378 of the Penal Code does not apply in relation to special trusts.
87Information to settlors

XAdditional Provisions

88Protector of trusts
89Managing and custodian trustees
90Disclosure
91Validation of appointments where objects are excluded or take illusory shares
92Validation of powers and discretionary trusts
93Power to continue to accumulate income
94Termination and modification by beneficiaries
95Distribution of shares
96{1)
97Incorporation by reference
98Memorandum of trust property
99Perpetuities and accumulations
100Charitable trusts
101Fraudulent dispositions
17th2000 (a} shall validate any disposition of property which is neither owned by the transferor nor the subject of a power in that behalf vest...
102Trust law

XIGoverning Law

103Change of governing law
104Ascertainment of governing law
105Matters determined by governing law
106Exclusion of foreign laws
107Recognition of foreign laws
108Heirship rights
109Foreign judgments

Schedules

FIRST SCHEDULE Section 30(3) Form of power of attorney (a} For an individual trustee THIS POWER OF ATTORNEY given on 20[] by me [name of i...
SECOND SCHEDULE Section 97 Provisions which may be incorporated 17th. JULy I 2000 L Interpretation. Section 97(2) of the Order governs the...
THIRD SCHEDULE Section 102(2) Statutory provisions of the United Kingdom that do not apply to international trusts The Settled Land Act, 19...

International Trusts Order, 2000 · As enacted

Section 73

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Part IX

Read on from Part IX

Part X

Additional Provisions

Read on from Part X

Part XI

Governing Law

Read on from Part XI

Schedules

Details

International Trusts Order, 2000 · s 73

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Where this comes from

Attorney General's Chambers · International Trusts Order, 2000, As enacted. Reader record updated on 2 Oct 2026.

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Updated 8 Oct 2026, 02:43