Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Authority definition

What does Authority mean? In practice, Authority refers to the public sector client that procures and manages a project or service and is the named counterparty in the contract. In public procurement, PFI/PPP, DBFM/DBFOM and outsourcing documents, it is a contractual shorthand for the “contracting authority” defined in legislation (England & Wales and Northern Ireland: Public Contracts Regulations 2015; Scotland: Public Contracts (Scotland) Regulations 2015; Ireland: European Union (Award of Public Authority Contracts) Regulations 2016). Typical Authorities include a local authority, an NHS trust or health board, a central government department or minister, a non‑departmental public body or agency, or another body...

British Virgin Islands trusts: jurisdiction, legal framework and regulation (VISTA, private trust companies, Hague Convention, confidentiality)

Published by a LexisNexis Private Client expert

Practice notes

This Practice Note offers a primer on the British Virgin Islands (BVI) in the context of offshore trusts. For broader details on the BVI, see Practice Note: Private Client—British Virgin Islands—Q&A guide [Archived].

Geography

Situated east of Puerto Rico within the Virgin Islands chain known as the Leeward Islands, the BVI comprises the principal islands of Tortola, Virgin Gorda, Anegada and Jost Van Dyke, together with more than fifty smaller islands. The North Atlantic Ocean borders the Territory to the north, while the Caribbean Sea lies to the south. Road Town, the capital, is located on Tortola and is the centre of the financial services industry.

Government

Ultimate executive Authority in the BVI rests with King Charles III. A resident Governor is appointed by the Queen, on the advice of the UK government, and exercises constitutional powers on her behalf. The BVI operates under its own constitution, the Virgin Islands Constitution Order 2007. Parliamentary elections are conducted approximately every four years...

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Alexander Way

Walkers

Alex is Senior Counsel for Walkers in London. Alex advises institutional trustees and private individuals on all areas of trust law and related private wealth issues. He acts for trustees and settlors on the establishment and administration of private and charitable trusts and the establishment of private trust companies. He also acts in respect of estate planning....

Web page updated on 21/05/2026

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