Malaysia legislation
Section 10
Section 10
(a)
the personal and proprietary consequences of marriage or the termination of marriage;
(b)
succession rights, whether testate or intestate, including the fixed shares of spouses or relatives;
(c)
any claims or orders of court with regard to matters referred to in paragraph (a) or (b) in reference to the personal laws of the settlor or the beneficiaries;
(d)
the claims of creditors in an insolvency subject to the provisions of section 11;
(e)
any claims with regard to the validity of any transfer or disposition of property into the Labuan trust;
(f)
any claims with regard to the capacity of the settlor; or
(g)
any claims by reason that the laws of any foreign jurisdiction prohibit or do not recognise the concept of a trust.
(2)
For the avoidance of doubt, it is hereby declared that in the event of any inconsistency between the proper law of a trust and the personal laws of the settlor or the beneficiaries, the former shall prevail.
20 Laws of Malaysia ACT 554
(3)
Where the settlor of a Labuan trust is a resident, this section shall only apply in so far as it is consistent with any written law in
Malaysia.
Fraudulent Labuan trust or disposition