Cap. 331 Art. 5AApplicability of Convention.

(1) The provisions of articles 1 to 12, 14, 15, 16 (the first paragraph only), 17, 18 and 22 (the first paragraph only) of the

Convention as set out in the Schedule shall have the force of law in

Malta.

(2) Those provisions shall, so far as applicable, have effect not only in relation to the trusts described in article 2 and 3 of the Convention but also in relation to any other trusts of property arising under the law of another country.

(3) In article 17 of the Convention, the reference to a State includes a reference to any country or territory (whether or not a party to the Convention) which has its own system of law.

(4) Article 22 of the Convention shall not be construed as affecting the law to be applied in relation to anything done or omitted before the coming into force of the Recognition of Trusts Act.

(5) Nothing in the Convention shall have any effect on the interpretation of the laws of Malta relating to fiscal matters.