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50. Statute of Elizabeth not applicable

The Fraudulent Conveyance Act, 13 Elizabeth 1 Chapter 5 (1571), shall not apply to an international trust or to disposition by an international trust.

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50. Statute of Elizabeth not applicable

1. Short title

3. Trusts, trustees and beneficiaries generally

5. Designation of Registrar and Deputy Registrars

6. Indemnity of officers

7. Registered office

8. Application for registration

9. Registration

11. Language and translation

12. Fees payable to Registrar

13. Cancellation of registration

14. Appeals against cancellation

15. Validity of international trust

16. Presumption of irrevocability

17. Duration of trust and accumulation of income

18. Retention of control by settlor

19. Protective international trusts

20. Charitable international trusts

22. Extension of cy-pres

23. Protector of a trust

24. Failure or lapse of interest

25. Failure of charitable international trusts

26. Termination of international trust

27. Liability for breach of trust

28. Constructive trusts

29. Tracing trust property

30. Beneficiary may relieve or indemnify trustee

31. Power to relieve trustee from personal liability

32. Proper law of trust

33. Change of proper law

35. Jurisdiction of the Court

36. Court's determination of validity

37. Saving of certain rights

38. Extent of invalidity for creditors

39. Foreign judgments not enforceable

40. Application for directions

41. Payment of costs

42. Limitation on commencement of proceedings

43. Security for costs

44. Scope

45. Avoidance of fraud

46. Limitations

47. Application

49. Extent of avoidance of relevant dispositions

51. Exemptions of international trusts and Saint Lucia trusts from income tax

53. Confidentiality

54. Investments

55. Bankruptcy

56. Regulations

57. Transitional

2. Interpretation

4. Application of Act

8. (Amended by Act 21 of 2003 and Repealed by Act 15 of 2018)

9. (Repealed by Act 15 of 2018)

10. Qualifications for trust to be or remain registered

21. Trusts for non-charitable purposes

34. Exclusion of heirship, community of property and other rights arising under foreign laws

48. Certain rights

52. Records

International Trust (Forms) Regulations – Section 56

Revised Laws of Saint Lucia (2021)

50. Statute of Elizabeth not applicable

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