Document ID: chunk:federal_register_of_legislation:C2024C00559:clause:1_149
Version: federal_register_of_legislation:C2024C00559
Segment Type: clause
Provision Reference: sch 1 cl 149
Character Range: 192888–193972

149  Treatment of trusts with multiple trustees
 (1) If a trust has 2 or more trustees, this Law applies to the trust as if it were a person, but with the changes set out in this section.
Note: A trust may be an owner of a vessel (see the definitions of entity and owner in section 6).
 (2) An obligation that would otherwise be imposed on the trust by this Law is imposed on each trustee instead, but may be discharged by any of the trustees.
 (3) An offence against this Law that would otherwise be committed by the trust is taken to have been committed by each trustee.
 (4) A trustee does not commit an offence because of subsection (3) if the trustee:
 (a) does not know of the circumstances that constitute the contravention of the provision concerned; or
 (b) knows of those circumstances but takes all reasonable steps to correct the contravention as soon as possible after the trustee becomes aware of those circumstances.
Note: A defendant bears an evidential burden in relation to the matters in subsection (4) (see section 13.3(3) of the Criminal Code).

Division 4—Fees