Article 69 - Power of the QFC Court to order amendment of the Terms of the Trust
QFC Court may order the amendment of the Terms of the Trust if the QFC Court is satisfied:
(A) that the change will assist the
Trust to administer its assets or to attain its objects; or
(B) that those objects are no longer attainable and that the change will assist the
Trust to attain objects as near as reasonably possible to those objects.
(2) Without limiting Article 69(1), the
QFC Court may make an order under Article 69(1) in the event that the Terms of the Trust cannot be readily ascertained or are otherwise incomplete.
|Inserted (as from 24th December 2017).|