QLDIn ForceAct
Duties Act 2001
sec.211What is a relevant corporation for a corporate trustee
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### sec.211 What is a relevant corporation for a corporate trustee
A corporation is a relevant corporation for a corporate trustee if the corporation is an unlisted corporation that has an interest in the corporate trustee.
For subsection (1) , a corporation has an interest in a corporate trustee if—
it has a share interest in the corporate trustee; or
it has a share interest in a corporation that has a share interest in the corporate trustee.
(sec.211-ssec.1) A corporation is a relevant corporation for a corporate trustee if the corporation is an unlisted corporation that has an interest in the corporate trustee.
(sec.211-ssec.2) For subsection (1) , a corporation has an interest in a corporate trustee if— it has a share interest in the corporate trustee; or it has a share interest in a corporation that has a share interest in the corporate trustee.
- (a) it has a share interest in the corporate trustee; or
- (b) it has a share interest in a corporation that has a share interest in the corporate trustee.