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
Beneficiaries entitled to a share of trust property, whether real or personal, movable or immovable, and whether or not readily divisible, shall not be entitled to demand the distribution of that share if its distribution would prejudice the value of any other share of the trust property which is not yet distributable.
trust
"trust" means an international trust except where the context otherwise requires;
1188
Apportionment between capital and income.
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
shares
"shares" means share in the capital of a company and (where the context so admits) include stock, units, options, warrants depository receipts and rights to acquire shares and in Part XIIA, includes dedicated shares;
trust
"trust" means an international trust except where the context otherwise requires;
Part XI