Section 1209Q — Social Security Act 1991: Trustee requirements

(1) A trustee of the trust who is an individual must: (a) be an Australian resident; and (b) not have been convicted at any time (including a time before the commencement of this section) of any of the following offences: (i) an offence of dishonest conduct against, or arising out of, a law of the Commonwealth, a State, a Territory or a foreign country; (ii) an offence against, or arising out of, this Act, the Administration Act or the Veterans’ Entitlements Act; and (c) not have been disqualified at any time (including a time before the commencement of this section) from managing corporations under the Corporations Act 2001. (2) In addition, if a trustee of the trust is a corporation, subsection (1) applies to each director of the trustee.