Article 2 - Application

(1) These Regulations are made by the Minister pursuant to Article 9 of the QFC Law and shall apply in the QFC. To the fullest extent permitted by the QFC Law, the laws, rules and regulations of the State concerning the matters dealt with by or under these Regulations shall not apply in the QFC.
(2) These Regulations apply to Express Trusts and Trusts created pursuant to law or judgment that requires the Trust to be administered in the manner of an Express Trust.

Amended (as from 24th December 2017).