Section 3: Purpose and objects of Foundation
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
3. Purpose and objects of Foundation
(1) (a) A Foundation may be formed in Mauritius or elsewhere for such
purposes as may be provided in its charter, including the carrying out of the
objects specified in it.
(b) Where a Foundation is established by means of a will, a reference to its charter shall, where appropriate, be construed as reference to the
will.
(2) The objects of a Foundation shall be valid and enforceable, except
where they are contrary to the laws of Mauritius.
(3) The objects of a Foundation may be—
(a) charitable or non-charitable, or both;
(b) for the benefit of a person or a class of persons, or to carry out
a specified purpose, or both.
(4) Notwithstanding articles 893, 896, 931 and 1130 of the Code, property and rights may be transferred to or endowed upon a Foundation in
accordance with this Act.