Document ID: chunk:federal_register_of_legislation:C2024C00207:section:35
Version: federal_register_of_legislation:C2024C00207
Segment Type: section
Provision Reference: s 35
Character Range: 58289–59071

35  Treatment of trusts
 (1) This Act applies to a trust as if it were a person, but with the changes set out in this section.

Trusts with a single trustee
 (2) If the trust has a single trustee:
 (a) an obligation that would otherwise be imposed on the trust by this Act is imposed on the trustee instead; and
 (b) if this Act would otherwise permit something to be done by the trust, the thing may be done by the trustee.

Trusts with multiple trustees
 (3) If the trust has 2 or more trustees:
 (a) an obligation that would otherwise be imposed on the trust by this Act is imposed on each trustee instead, but may be discharged by any of the trustees; and
 (b) if this Act would otherwise permit something to be done by the trust, the thing may be done by any of the trustees.