International Trusts Order, 2000 · As enacted · Part IX
75. [l) In this Part, unless the context otherwise requires
Official textFrom Attorney General's Chambers, unchanged
"beneficiary" means a person who will or may derive any benefit or advantage, directly or indirectly, from the execution of a special trust;
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;
"enforce" in relation to a trust means to require or compel trustees to execute carry out and perform their duties under the trust instrument and to bring and prosecute proceedings to enforce the proper execution of the trust;
trust
"trust" means an international trust except where the context otherwise requires;
"enforcer" means a person who has a duty or power to enforce a special trust;
special trust
"special trust" or "special power" means a trust or power that under section 76 is subject to Part IX of this Order;
"power" includes an administrative power as well as a dispositive power;
"trust" include a trust of a power, as well as a trust of property; and
property
"property" includes - {a} money, goods, chases in action, land and every descriptions of property1 whether movable or immovable; and (b} obligations, easements and every description of estate, interest and profit, present or future, vested or contingent, arising out of, or incident to, any property as defined in paragraph {a}; 1141 17th. JULY, 2000
"trustee" has a correspondingly extended meaning.
In this Part, a power is said to be held on trust if granted or reserved subject to any duty, expressed or implied, qualified or unqualified, to exercise the power or to consider its exercise.
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;
property
Defined · s 2"property" includes - {a} money, goods, chases in action, land and every descriptions of property1 whether movable or immovable; and (b} obligations, easements and every description of estate, interest and profit, present or future, vested or contingent, arising out of, or incident to, any property as defined in paragraph {a}; 1141 17th. JULY, 2000
special trust
Defined · s 2"special trust" or "special power" means a trust or power that under section 76 is subject to Part IX of this Order;
trust
Defined · s 2"trust" means an international trust except where the context otherwise requires;
trust instrument
Defined · s 2"trust instrument" means the written testamentary or other instrument if any by which, or on the terms of which, the trust is created (including any subsequent instruments affecting the terms or administration of the trust) or where the trust was not created by, or on the terms of, any written instrument refers to any trust instrument evidencing an oral declaration creating the trust. Application and restrictions.