British Virgin Islands

TRUSTEE ORDINANCE, 1961

PART VI General Provisions

66. (1) This Ordinance, except where otherwise expressly provided, applies to trusts including, so far as this Ordinance applies thereto, executorship and administratorships constituted or created either before or after the commencement of this Ordinance.

(2) The powers conferred by this Ordinance on trustees are in addition to the powers conferred by the instrument, if any, creating the trust, but those powers, unless otherwise stated, apply if and so far only as a contrary intention is not expressed in the instrument, if any, creating the trust, and have effect subject to the terms of that instrument.

(3) This Ordinance does not affect the legality or validity of any thing done before the commencement of this Ordinance, except as otherwise hereinbefore expressly provided.

67. This Ordinance, and every order purporting to be made under this Ordinance, shall be a complete indemnity to all persons for any acts done pursuant thereto, and it shall not be necessary for any person to inquire concerning the propriety of the order, or whether the Court by which the order was made had jurisdiction to make it.