Unified UAE Legislation Database

Trust Law DIFC Law No. 4 of 2018

Status

In force

Issuing Authority

Ruler of Dubai

Effective date

XX.XX.XXXX

Official Link

https://

List of amending documents:

Amendment Law DIFC Law No. 8 of 2018

Amendment Law DIFC Law No. 2 of 2022

Amendment Law DIFC Law No. 1 of 2024

Amendment Law DIFC Law No. 3 of 2024

 

PART 1 — GENERAL 

1. Title and repeal 

This Law repeals and replaces the Trust Law 2005 (DIFC Law No. 11 of 2005) as it was in force immediately prior to the commencement of this Law (the “Previous Law”), and may be cited as the “Trust Law 2018” or “this Law”.  

 

2. Legislative authority 

This Law is made by the Ruler.  

 

3. Application of the Law 

This Law applies in the jurisdiction of the DIFC. 

 

4. Scope of the Law 

This Law applies to all DIFC trusts, other than trusts created under the Investment Trust Law (DIFC Law No. 5 of 2006), and to foreign trusts in respect of all acts, omission or transaction occurring in the DIFC, whenever the trust was created, provided that all questions arising from acts or omissions occurring prior to the commencement of this Law shall be determined in accordance with the Previous Law.  

 

5. Date of enactment 

This Law is enacted on the date specified in the Enactment Notice in respect of this Law.  

 

6. C...