Westaway
Trust (Transfer of Assets) (Jersey) Law 202-
A LAW to provide for the transfer of the
assets currently administered in accordance with the Westaway Trust (Jersey)
Law 1930 to Le Don de Faye fund and for connected purposes.
Adopted
by the States 1 April 2025
Sanctioned
by Order of His Majesty in Council [date to be inserted]
Registered by the Royal Court [date to be inserted]
Coming into force [date to be inserted]
THE STATES, subject to the sanction of His Most
Excellent Majesty in Council, have adopted the following Law –
1 Interpretation
In this Law –
“1930 Law” means the Westaway Trust
(Jersey) Law 1930;
“assets” means the assets held by the Treasurer
of the States as the sole perpetual Trustee of the trusts created by the will
of Miss Julia Westaway under the 1930 Law.
2 Application
(1) This
Law applies in respect of the assets remaining at the date that this Law comes
into force.
(2) This
Law applies despite any provision of the 1930 Law.
3 Transfer of assets
On the commencement of
this Law the Treasurer of the States must, within 14 days, transfer the
remaining assets into Le Don de Faye fund, so that they become subject to the
trust created by the will of Jurat P.C. Cabot, which received a grant of
probate on 29 April 1959.
4 Repeal of Laws
Following the transfer of
the assets under Article 3, the 1930 Law and this Law is repealed.
5 Citation and
commencement
This Law may be cited as
the Westaway Trust (Transfer of Assets) (Jersey) Law 202- and comes into force
7 days after it is registered.