Trusts and Trustees Act (Cap. 331)
Trusts and Trustees Act (Cap. 331), article 5A
5A. (1) The provisions of articles 1 to 12, 14, 15, 16 (the first
paragraph only), 17, 18 and 22 (the first paragraph only) of th e
Convention as set out in the Sche dule shall have the force of l aw in
Malta.
(2) Those provisions shall, so far as applicable, have effect no t
only in relation to the trusts described in article 2 and 3 of the
Convention but also in relation to any other trusts of property
TRUSTS AND TRUSTEES [CAP. 331. 7
arising under the law of another country.
(3) In article 17 of the Convention, the reference to a State
includes a reference to any coun try or territory (whether or no t a
party to the Convention) which has its own system of law.
(4) Article 22 of the Convention shall not be construed as
affecting the law to be applied in relation to anything done or
omitted before the coming into force of the Recognition of Trus ts
Act.
(5) Nothing in the Convention shall have any effect on the
interpretation of the laws of Malta relating to fiscal matters.
Validity and
recognition of
trusts.
Amended by:
XX.1994.4.
Substituted by:
XIII. 2004.7.
Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.