Artikel 8

The law specified by Article 6 or 7 shall govern the validity of the trust, its construction, its effects, and the administration of the trust.
In particular that law shall govern
a) the appointment, resignation and removal of trustees, the capacity to act as a trustee, and the devolution of the office of trustee;
b) the rights and duties of trustees among themselves;
c) the right of trustees to delegate in whole or in part the discharge of their duties or the exercise of their powers;
d) the power of trustees to administer or to dispose of trust assets, to create security interests in the trust assets, or to acquire new assets;
e) the powers of investment of trustees;
f) restrictions upon the duration of the trust, and upon the power to accumulate the income of the trust;
g) the relationships between the trustees and the beneficiaries including the personal liability of the trustees to the beneficiaries;
h) the variation or termination of the trust;
i) the distribution of the trust assets;
j) the duty of trustees to account for their administration.