X. — 2:103 Constitution without transfer

Geldend

Documentgegevens:

Redactionele toelichting: De dag van de datum van afkondiging is gezet op 01. De datum van inwerkingtreding is de datum van afkondiging.
Bronpublicatie:: 01-01-2009, Internet 2009, ec.europa.eu (uitgifte: 01-01-2009, kamerstukken/regelingnummer: -)
Inwerkingtreding: 01-01-2009
Bronpublicatie inwerkingtreding:: 01-01-2009, Internet 2009, ec.europa.eu (uitgifte: 01-01-2009, kamerstukken/regelingnummer: -)
Vakgebied(en): Civiel recht algemeen (V)
EU-recht / Bijzondere onderwerpen
Internationaal privaatrecht / Algemeen

(1)

If the other requirements for constitution are satisfied, a trust is constituted by the declaration alone, without a transfer, if:

(a)

the declaration indicates that the truster is to be a sole trustee;

(b)

the declaration is testamentary and does not provide for a trustee; or

(c)

(i): the truster does all of the acts required of the truster to transfer the fund to the intended trustee,
(ii): the intended trustee does not or cannot accept the fund, and
(iii): the declaration does not provide otherwise.

When a trust is constituted under paragraph (1), the truster becomes a trustee.