55. Bankruptcy
Despite any provisions of the law of the settlor's domicile or place of ordinary residence or the residence or the settlor's current place of incorporation although the creation of an international trust is voluntary and without valuable contribution being given for the same, an international trust shall not be void or voidable in the event of the settlor's bankruptcy, insolvency, or liquidation but shall remain valid and subsisting and take effect according to its tenor subject to the provisions of this Act.