Part 2: Amendments to the Investment Trust Law 2006
The Investment Trust Law 2006 is amended as prescribed in this Law.
Article 7 (Application of other Laws) is deleted and replaced with the following:“7. Application of other Laws(1) Subject to (2), if any provisions of this Law conflict with the provisions of any other law, the provisions of this Law prevail, unless otherwise provided.(2) The provisions of the Collective Investment Law 2010 prevail over the provisions of this Law, unless otherwise provided either in this Law or in the Collective Investment Law 2010.(3) The Trust Law 2018 does not apply to a person in respect of an express trust created under this Law.”