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  1. INTRODUCTION
  2. WHAT IS A TRUST?
  3. TYPES OF TRUST
  4. I.T.L.
  5. TAXATION OF INTERNATIONAL TRUST
  6. HOW A TRUST IS CREATED
  7. WHERE THE TRUST FUND IS SITUATED
  8. WHAT THE TRUST FUND INCLUDES
  9. USES OF INTERNATIONAL TRUSTS
  10. SUITABILITY OF CYPRUS
  11. PROFESSIONAL EXPERTS REACTIONS
  1. Short title
  2. Interpretation
  3. Validity of an international trust
  4. Presumption against avoidance of an international trust
  5. Duration of an international trust
  6. Validity of direction for the accumulation of income
  7. Charitable trusts and purpose trusts
  8. Authorised investments
  9. Power to change the applicable law of an international trust
  10. Variation of an international trust by the Court
  11. Confidentiality relating to international trusts
  12. Taxation of international trusts
  13. Application of this Law
  14.   Saving of existing laws
  15. Registration not compulsory

F. HOW A TRUST IS CREATED

A trust may be as simple or as complicated as the Settlor desires and may be created either by oral declaration or by written document.  Subject to the relevant laws in force there are no particular formalities for its creation.  When expressed in writing (and it is almost always in writing) the document is called a “Trust Deed” or Instrument of Trust.


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