Charitable Purpose Trusts have been available and used under
Guernsey law for many years.
In addition, the Trusts (Guernsey) Law, 2007 ("TGL07")
introduced the ability to include non-charitable purposes, under
section 12(1) which provides that:
"A trust for or including non-charitable purposes created by an
instrument in writing and the terms of which provide for: (a) the
appointment of an enforcer in relation to the trust's
non-charitable purposes; and (b) the appointment of a new enforcer
at any time when there is none, is valid and enforceable in
relation to its non-charitable purposes."
It is therefore possible to hold property or to exercise
functions without conferring a benefit on any person, although care
should be taken that the purpose must be sufficiently certain to
avoid rendering its performance impossible.
Purpose is defined as "any purpose whatsoever, whether or not
involving the conferral of any benefit on any person, and includes,
without limitation, the holding or ownership of property and the
exercise of functions."