Commencement of Trusts Suite of Legislation

The Commission advises that His Excellency the Governor has executed the following

  1. Notice of Commencement 2016 – Legal Notice 47 of 2016.  This Legal Notice appoints 15thSeptember 2016 as the date on which the Trust Companies (Licensing and Supervision) Ordinance 2016 will come into operation
  2. Trust Companies Regulations 2016 – Legal Notice 48 of 2016, which will come into force on 15th September 2016
  3. Notice of Commencement 2016 – Legal Notice 52 of 2016 which appoints the 23rd September 2016 as the date on which the Trust Ordinance 2016 will come into operation

In addition the Commission has executed the Trust Companies Code 2016 – Legal Notice 49 of 2016, which will come into force on the 15th September 2016.

The referenced legislation and subsidiary legislation are  available from the Attorney General’s Chambers and can also be accessed  via the Commission’s legislation web page.