Foreign Trusts, Estates and Wills Act 1972 (No. 7 of 1972).
Resource information
Resource Language
ISBN / Resource ID
LEX-FAOC109171
Pages
5
License of the resource
Copyright details
© FAO. FAO is committed to making its content freely available and encourages the use, reproduction and dissemination of the text, multimedia and data presented. Except where otherwise indicated, content may be copied, printed and downloaded for private study, research and teaching purposes, and for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO's endorsement of users' views, products or services is not stated or implied in any way.
This Act concerns the abolition on certain restrictions concerning trusts and provides rules for the creation in Nauru of a trust in perpetuity or for any lesser duration. This Act shall not apply to any settlement, disposition or trust of any land or of any interest in any land where such land is situated in Nauru. The Act also concerns grant of administration of a foreign will or estate. Executors of a foreign will or administrators of a foreign estate shall be a trustee corporation.
Amended by: Statute Law Revision Act 2011 - Part FO of Schedule 1 – Amendment of the Foreign Trusts, Estates and Wills Act 1972 (No. 8 of 2011). (2011-04-15)
