Section 52ZZZW — Veterans' Entitlements Act 1986: 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).