- Short title
- Interpretation
- Validity of
an international trust
- Presumption
against avoidance of an international trust
- Duration of
an international trust
- Validity of
direction for the accumulation of income
- Charitable
trusts and purpose trusts
- Authorised
investments
- Power to
change the applicable law of an international trust
- Variation of
an international trust by the Court
- Confidentiality
relating to international trusts
- Taxation of
international trusts
- Application
of this Law
- Saving
of existing laws
- Registration
not compulsory
- Short title
- Interpretation
- Validity of
an international trust
- Presumption
against avoidance of an international trust
- Duration of
an international trust
- Validity of
direction for the accumulation of income
- Charitable
trusts and purpose trusts
- Authorised
investments
- Power to
change the applicable law of an international trust
- Variation of
an international trust by the Court
- Confidentiality
relating to international trusts
- Taxation of
international trusts
- Application
of this Law
- Saving
of existing laws
- Registration
not compulsory
5. Duration
of an international trust
For
the purpose of this law and notwithstanding the existence of
any contrary legal provision or rule of law of the Republic or of any other country the
duration of an international trust many continue until the one hundredth anniversary of
the date on which it came to existence and will then terminate unless terminated sooner
pursuant to a relevant direction which is included in the instrument creating it or for
any other reason.
Subsection
(1) shall not apply to charitable trusts or purpose trusts referred to in this Law which
may continue in force without any time limitation.
 
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