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  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
  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

9. Power to change the applicable law of an international trust
If the terms of an international trust so provide, the applicable law of the international trust may be changed to or from the law of the Republic, provided that:

  1. in the case of a change from the law of the Republic to another law, the new applicable law would recognise the validity of the trust and the respective interests of the beneficiaries

  2. in the case of a change from another law to the law of the Republic such change is recognised by the applicable law of the trust previously in effect.


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