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Version date: 23 April 2021 - onwards
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26. Designation of Classes of Express Trust, etc. for Certain Purposes 

The Act of 2010 is amended, in Part 4, by the insertion of the following Chapter after Chapter 9A (inserted by section 25):

"Chapter 9B Designation of Classes of Express Trust (and Matters Related to Such Trusts) for Certain Purposes

106Z. Purpose of Chapter 

(1) The purpose of this Chapter is to make provision for the meaning that certain words or expressions shall have in regulations that are made, on or after the commencement of section 26 of the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021, under section 3 of the European Communities Act 1972, for the purpose of giving effect to Article 31 of the Fourth Money Laundering Directive.

(2) Nothing in this Chapter applies to the construction of a word or expression used in another Chapter of this Part.

106ZA. Operation and interpretation (Chapter 9B)  

(1) Where the relevant regulations specify that, with respect to a particular word or expression, the designated meaning in the Act of 2010 shall appl

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