(1) Where the proper law of an international trust or the law governing the severable aspects of an international trust is changed from the law in force in Saint Lucia to the law of another jurisdiction, (in this section referred to as the “new law”) no provision of the law in force in Saint Lucia shall operate to render void, invalid or unlawful any function conferred on the trustee under the new law.
(2) Where the proper law of an international trust or the law governing the severable aspects of a trust is changed from the law of another jurisdiction (in this section referred to as the “old law”) to the law in force in Saint Lucia, no provision of the old law shall operate to render the trust void, invalid or unlawful or to render void, invalid or unlawful any functions conferred on the trustee under the law in force in Saint Lucia.