Document ID: chunk:federal_register_of_legislation:C2006A00082:clause:7_52zzzw
Version: federal_register_of_legislation:C2006A00082
Segment Type: clause
Provision Reference: sch 7 cl 52ZZZW
Character Range: 64106–64759

52ZZZW  What is a special disability trust?

  A trust is a special disability trust if the following requirements of this Subdivision are complied with:
 (a) the beneficiary requirements (see section 52ZZZWA);
 (b) the trust purpose requirements (see section 52ZZZWB);
 (c) the trust deed requirements (see section 52ZZZWC);
 (d) the trustee requirements (see section 52ZZZWD);
 (e) the trust property requirements (see section 52ZZZWE);
 (f) the reporting requirements (see section 52ZZZWF);
 (g) the audit requirements (see section 52ZZZWG).

Note: The Commission may waive one or more requirements in certain circumstances (see section 52ZZZWH).