Amendments to the Trusts (Jersey) Law 1984

About the consultation

​​Give your views on proposed amendments to the Trusts (​Jersey) Law 1984 TJL84), the framework law upon which the trusts industry's reputation for offering a sophisticated product and a high level of service to a worldwide body of clients is based.

The TLJ84 is under review to ensure that it continues to support the needs of those establishing Jersey law trusts, together with their beneficiaries and trustees.

Subject to this consultation's responses, amendments will be brought forward during 2024 for adoption.

Consultation details​​

This consultation considers proposals for amendments to the law which have arisen out of recent court decisions.

​There are 5 areas for consultation:

• ​confirmation of the priority of claims between a former and current trustee and a secured lender given the recent case on ‘insolvent trusts’ (Re Z)
  
• the ability of beneficiaries to call for the termination or variation of a trust pursuant to either Article 43 of the TJL84 and/or the rule in Saunders v Vautier
  
• clarifying the position where a sole trustee purports to resign
  
• minor corrections in relation to Articles 24, 43, and 55
  
• the concept of a ‘data trust’
  

Consultation Paper: Amendments to the Trusts (Jersey) Law 1984

This paper should be read in conjunction with the TJL84 and references a variety of other documents, links to which appear in the document as appropriate.

How to submit comments to the consultation

This consultation is now closed.

Responses to the consultation

​Consultation response: Proposed amendments Trusts (Jersey) Law​