International Trusts Order, 2000 · As enacted · Part IX
84. Reformation and termination
Official textFrom Attorney General's Chambers, unchanged
If the execution of a special trust in accordance with its terms is or becomes in whole or in part -
special trust
"special trust" or "special power" means a trust or power that under section 76 is subject to Part IX of this Order;
{a}
impossible or impracticable; or
{b}
unlawful or contrary to public policy; or
{c}
obsolete in that, by reason of changed circumstances it fails to achieve the ge~eral intent of the special trust, the trustee shall, unless the trust is reformed pursuant to its own terms, apply to the Court to reform the trust cy-pres or, if or insofar as the Court finds that it cannot be reformed consistently with the general intent of the trust, the trustee 1180
trust
"trust" means an international trust except where the context otherwise requires;
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shall dispose of the trust property as though the trust or the relevant part of it has failed.
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
Trusteeship.
Terms defined in s 2
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;