In this Act, “Convention” means the Convention on the Law Applicable to Trusts and on their Recognition set out in Schedule A. 1988, c.I-12.3, s.1
This Act does not apply to conflicts solely between the laws of provinces and territories of Canada. 1988, c.I-12.3, s.2
This Act binds the Crown. 1988, c.I-12.3, s.3
The Convention applies in the Province. 1988, c.I-12.3, s.4
Article 22 of the Convention is not to be construed as affecting the law to be applied in relation to anything done or omitted under a trust before March 1, 1993. 1988, c.I-12.3, s.5
1988, c.I-12.3, s.6; 2023, c.17, s.122
The Convention is extended to trusts declared by judicial decisions including constructive trusts and resulting trusts.
Nothing in this Act is to be construed as requiring that recognition or effect be given to a trust declared by judicial decision in another state or a severable aspect of such a trust, if a judge of The Court of King’s Bench of New Brunswick is satisfied that there is a substantial reason for refusing to give recognition or effect to the trust or aspect.