- 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
8. Authorised
investments
1)
Subject to the provisions of the instrument creating an international trust, a trustee may
at any time invest the whole or any part of the trust funds in any kind of investment:
- whenever
the investment is situate and
- whether or
not the funds have already been invested.
2) The
trustee may vary the investment or retain it in its original state, as long as he
exercises the diligence and the prudence which a reasonable person would be expected to
exercise when he makes investments.
 
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