Document ID: chunk:federal_register_of_legislation:F2025L00251:reg:18
Version: federal_register_of_legislation:F2025L00251
Segment Type: reg
Provision Reference: reg 18
Character Range: 9963–10751

18  Past benefit from distributions by company or trust

        1.     The Commission must consider whether the individual has received a benefit from a distribution made by the company or trust.

        2.     If an individual has received a benefit, the Commission must also consider:

           1.     the value of the benefit; and
           2.     if the individual has received a benefit on more than 1 occasion, the frequency with which the individual has received benefits.

        1.     For this section, a distribution includes a distribution:

           1.     in the case of a distribution by a company — of the capital or income, or both, of the company; and
           2.     in the case of a distribution by a trust — of the corpus or income, or both, of the trust.