Revised Laws of Saint Lucia (2021)

26.   Termination of international trust

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    (1)   Without prejudice to any power of the Court, and except as may be provided in the terms of the international trust, where all the beneficiaries of the trust have been ascertained and none is a person under a legal disability or a minor, and all beneficiaries are in agreement so to do, they may in writing signed by all of them, direct the trustee to terminate the trust and distribute the trust property as the beneficiaries direct, so long as such distribution is not inconsistent with the terms of the international trust.

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    (2)   A beneficiary of an interest under a protective international trust may not enter into an agreement referred to in subsection (1).