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SOCIAL SECURITY ACT 1991 - SECT 1209L What is a special disability trust ?

SOCIAL SECURITY ACT 1991 - SECT 1209L

What is a special disability trust ?

    A trust is a special disability trust if the following requirements of this Division are complied with:

  (a)   the beneficiary requirements (see section   1209M);

  (b)   the trust purpose requirements (see section   1209N);

  (c)   the trust deed requirements (see section   1209P);

  (d)   the trustee requirements (see section   1209Q);

  (e)   the trust property requirements (see section   1209R);

  (ea)   the trust expenditure requirements, if any (see section   1209RA);

  (f)   the reporting requirements (see section   1209S);

  (g)   the audit requirements (see section   1209T).

Note:   The Secretary may waive one or more requirements in certain circumstances (see section   1209U).

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