Queensland Consolidated Acts Queensland Consolidated Acts(1) A qualified holder of units in a unit trust is--
(a) the trustee of a listed unit trust, widely held unit trust, wholesale unit trust or declared public unit trust; or
(b) the trustee of a complying superannuation fund; or
(c) the trustee of a complying approved deposit fund; or
(d) a life company if the units held represent an investment of its statutory funds maintained by it under the Life Insurance Act 1995 (Cwlth); or
(e) a person of a class approved under section 76A; or
(f) a person approved under section 76B.
(2) A large qualified holder of units in a unit trust is a qualified holder with more than 50 members.