DUTIES ACT 2001 - SECT 58 What is a trust’s indirect interest in dutiable property

DUTIES ACT 2001 - SECT 58

58 What is a trust’s indirect interest in dutiable property

A trust has an
"indirect interest" in dutiable property if—

(a) through a trust interest or partnership interest, there is a connection between the trust and dutiable property of the other trust or partnership; or

(b) through a series of trust interests or partnership interests, or a combination of any of them, there is a connection between the trust and dutiable property of a trust or partnership in the series.