Regulatory Alerts2022-01-01
Trusts (Amendment) Act, 2022
The President and National Assembly of Seychelles enacted the Trusts (Amendment) Act, 2022 to modify key provisions of the principal Trusts Act, 2021. The legislation introduces a new section mandating that trustees administering a trust may request and must timely provide relevant information to one another, explicitly extending this obligation to beneficial ownership data. The Act also corrects typographical errors in sections 26 and 84 while updating section 89 to clarify access rights regarding a trust's registered office.
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