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settlor "settlor" means:- (a) a person who provides trust property or makes a testamentary disposition on trust or to a trust, but does not include a person who contributes to a unit trust and described as such within a trust instrument; and (b) if there is more than one settlor named in the trust instrument, the named settlors must be connected persons;
ACT 704 - LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010
59. Interpretation. |
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settlor "settlor" means a person who makes a trust and includes a person who provides trust property or makes a testamentary disposition on trust or to a trust, but does not include a person who contributes to a unit trust;
ACT 554 - LABUAN TRUSTS ACT 1996
2. Interpretation. |
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settlor "settlor", in relation to a settlement, includes any person by whom the settlement was made or entered into directly or indirectly, and any person who was provided or undertaken to provide funds or credit directly or indirectly for the purpose of the settlement or has made with any other person a reciprocal arrangement for that other person to make or enter into the settlement.
ACT 53 - INCOME TAX ACT 1967
65. Settlements. |
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See Also: Dictionary |