In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)
International Trusts Order, 2000 · As enacted · Part X · Additional Provisions
International Trusts Order, 2000 · As enacted · Part X · Additional Provisions
Official textFrom Attorney General's Chambers, unchanged
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.
trust
"trust" means an international trust except where the context otherwise requires;
The validity of a trust shall not be prejudiced by the inclusion of any power or discretion whose validity is preserved by subsection (1).
1187
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
trust
"trust" means an international trust except where the context otherwise requires;
Part XI