Cap. 331 · Trusts And Trustees Act (Cap. 331)
Cap. 331 ст. 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.