Article 4 The Trust Instrument
A The Trust Instrument must be in writing and must be authenticated by a competent official authority.
B The Trust Instrument shall contain:
1 Details of the identity of the 'Settler' and the Trustee.
2 Identification of the purpose of the trust, the Beneficiary of the Trust, or such information as enables to identify whether the beneficiary is a person not identified by name at the time of creating the Trust. The beneficiary may be a person to be in the future.
3 Identification of the Trust Property or such description of its basic characteristics as enables to identify it.
4 Specification of the duration of the Trust.
5 Identification of the powers and duties of the Trustee.
The Trust shall be void if any of the above is not included in the Trust Instrument.
C The following may be included in the Trust Instrument:
1 Rules of dealing with the Trust Property.
2 The rights of the Beneficiary and the share allocated to each beneficiary in case of multiple beneficiaries.
3 The name by which the Trust shall be known.
4 Appointment of the Trust Protector.
5 Consequences of the termination of the Trust.
6 Any other provisions regulating the performance of the duties of the Trustee and the relationship between the Trustee and each of the Settler, the Protector of the Trust, and the Beneficiary.