Cap. 331 Art. 12Duration of trusts.

(1) A trust may continue until the one hundred and twenty-fifth anniversary of the date on which it came into existence and, unless sooner terminated, shall then terminate.

(2) Subarticle (1) shall not apply to a trust for a charitable purpose, to a unit trust or to a retirement scheme licensed in terms of the Retirement Pensions Act and set up as a trust.