Revised Laws of Saint Lucia (2021)

18.   Retention of control by settlor

An international trust shall not be declared invalid if the settlor, or if more than one settlor or any one of the settlors—

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    (a)     retains, possesses or acquires a power to revoke the international trust; or

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    (b)     retains, possesses or acquires a power to amend the international trust; or

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    (c)     acquires any benefit, interest or property from the international trust; or

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    (d)     retains possesses or acquires the power to remove or appoint a trustee, protector or advisor for the international trust; or

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    (e)     retains, possesses or acquires the power to direct a trustee or protector of the international trust on any matter; or

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    (f)     retains, possesses or acquires any specific power to appoint the capital or income from the international trust to persons other than the settlor himself or herself; or

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    (g)     is a beneficiary of the international trust solely or together with others.