Document ID: chunk:federal_register_of_legislation:F2023L01234:reg:7
Version: federal_register_of_legislation:F2023L01234
Segment Type: reg
Provision Reference: reg 7
Character Range: 2945–4165

7  Provisions which must be included in trust deed and form of provisions
 (1) For paragraph 52ZZZWC(2)(b) of the Act, the trust deed must include provisions dealing with each of the matters mentioned in column 2 of the table in subsection (2).
 (2) For paragraph 52ZZZWC(2)(c) of the Act, the provision in the trust deed dealing with a matter mentioned in column 2 for an item of the following table must be in the form of the clause of the model trust deed mentioned in column 3 for that item.

    Provisions to be included and form of provisions
    Column 1                                              Column 2                                   Column 3
    Item                                                  Matter                                     Clause of model trust deed
    1                                                      Date on which trust is made                  P.1
    2                                                      Parties to the trust                         P.2
    3                                                      Description of the Principal Beneficiary     1.1
    4                                                      Declaration of trust                         1.2