Notice

Trustee (Amendment) Act, 2024 (Commencement) Notice, SI 2024 No. 65

British Virgin Islands Financial Services Commission (FSC) · British Virgin Islands

Issued

Current version last checked: 2026-07-11

Summary

This is a short commencement notice made by the Minister of Financial Services, Economic Development and Digital Transformation under section 1 of the Trustee (Amendment) Act, 2024. It does not set out any substantive requirements itself; it simply fixes the date on which that amending Act takes legal effect.

  • Effect: Declares that the Trustee (Amendment) Act, 2024 (No. 16 of 2024) came into force on 10 December 2024.
  • Content: Contains no independent obligations, fees, or procedural changes; substantive changes are found in the Trustee (Amendment) Act, 2024 itself, not in this notice.

Readers needing to understand what actually changed for trustees or trust business should consult the text of the Trustee (Amendment) Act, 2024 directly, as this notice only confirms its commencement date.

Applies to

trustees, trust companies

Deadlines

  • 10th December, 2024: Date on which the Trustee (Amendment) Act, 2024 comes into force

Topics

Version history

2026-07-11

source file (current)