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Offshore Trust Laws

 

[List of selected offshore legislations]

 

Bahamas

              Trustee Act, 1893

              Trustee Act, 1998

              Trust (Choice of Governing Law) Act, 1989

 

British Virgin Islands

              Trustee Ordinance, 1961

              Trustee Amendment Act, 1993

              British Virgin Islands Trustee, Act

 

Cayman Islands

              Trust Law (1998 Revision)

              Trust (Foreign Element) Law, 1997

              Special Trust (Alternative Regime) Law, 1996

              Perpetuities Law, 1995

              Perpetuities Amendment Law, 1997

 

Guernsey

              Trusts (Guernsey) Law, 1989

 

Isle of Man

              Trustee Act, 1961

              Trusts Act, 1995

              Purpose Trusts Act, 1996

              Recognition of Trusts Act, 1988

              Variation of Trusts Act, 1961

              Perpetuities and Accumulations Act, 1968

 

Jersey

              Trusts (Jersey) Law, 1984

 

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Excerpts from Offshore Trust Laws

 

[Guernsey]

The Trusts (Guernsey) Law, 1989

Section 12

Duration of trust

 

A trust shall terminate on the expiration of 100 years from the date of its creation, unless –

(a)   it is a trust for a charitable purpose; or

(b)   it is terminated sooner.

 

[Jersey]

Trusts (Jersey) Law 1984

Article 11

Duration of a Jersey trust

 

(1)   Subject to paragraph (2), a trust may continue until the one hundredth anniversary of the date on which it came into existence and if not sooner terminated shall then terminate.

(2)   Paragraph (1) shall not apply to a trust for a charitable purpose.

 

 

Legislations of Offshore Financial Centers (assorted by subject)

              Offshore Legislations on Fiduciary and Administration Businesses

              Offshore Legislations on Investment Funds and Protection of Investors

              Offshore Banking Laws

              Offshore Company Laws

              Offshore Partnership Laws

 

Private Banks and Private Banking

Private Bank Account Opening@

 

àPrivate Salon Conference for Hedge Funds

àTranslation of Fund Prospectus, Offering Memorandum, etc.

àHow to Open a Cayman Bank Account

 

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