PG Gell Legal Services Commentary
We have updated the discretionary trust template and the foreign beneficiary exclusion amendment templates to include new ACT legislation.
We have amended the wording to include a new subclause 8. It refers to Chapter 2A which includes new legislation to exclude foreign persons, corporations and trusts for land tax surcharges. Similar to what other jurisdictions have.
Reckon Docs Commentary
Trust documents have been updated to include new ACT legislation; we've also made minor typographical corrections to NSW Land Tax.
- Unit trust
- Discretionary trust
Summary of updated documents
- Discretionary trust deed
- included new ACT legislation
- Unit trust deed
- minor typographical corrections