VETERANS' ENTITLEMENTS ACT 1986 - SECT 52ZZZW What is a special disability trust ?

VETERANS' ENTITLEMENTS ACT 1986 - SECT 52ZZZW

    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).