Commonwealth Consolidated Acts

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VETERANS' ENTITLEMENTS ACT 1986 - SECT 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);

                    (ea)  the trust expenditure requirements, if any (see section 52ZZZWEA);

                      (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).



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