Labuan Offshores Trusts Act 1996 s 6

s 6 Proper law of a trust and power to change proper law

(1) Subject to the provisions of this Act, a trust shall be governed by its proper law and shall be interpreted and enforced accordingly. (2) The terms of a trust may provide for the proper law of the trust to be changed from the laws of one jurisdiction to the laws of another jurisdiction and vice versa, subject to the provisions of this Act and to the recognition of such a change by the relevant laws of the other jurisdiction, in particular as regards the validity of the trust and the interests of the beneficiaries. (3) A change in the proper law shall not affect the legality of, or render any person liable for, anything done before the change.

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Find Act 554 on lom.agc.gov.my ↗

Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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