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Section 10: Accumulation of income

Trusts Act · PART II: NATURE OF TRUSTS

consolidated text (as at 2012, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

10. Accumulation of income (1) Subject to subsection (2), the terms of a trust may direct or authorise the accumulation of all or part of the income of the trust for a period not exceeding the maximum duration of the trust. (2) Where the trust property includes an immovable property situated in Mauritius, the accumulation period shall not exceed 25 years. (3) Subject to any power of maintenance or advancement or other terms of the trust, income which is not accumulated shall be distributed.

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