sec.224Exemption—change of trustee

### sec.224 Exemption—change of trustee Corporate trustee duty is not imposed on a relevant acquisition for the sole purpose of giving effect to a change of a trustee if— the acquisition is not part of an arrangement— involving a change in the rights or interest of a beneficiary of the trust; or terminating the trust; and the acquisition is not part of an arrangement to avoid the imposition of duty; and transfer duty has been paid on all trust acquisitions for which transfer duty is imposed for the trust before the acquisition. - (a) the acquisition is not part of an arrangement— (i) involving a change in the rights or interest of a beneficiary of the trust; or (ii) terminating the trust; and - (i) involving a change in the rights or interest of a beneficiary of the trust; or - (ii) terminating the trust; and - (b) the acquisition is not part of an arrangement to avoid the imposition of duty; and - (c) transfer duty has been paid on all trust acquisitions for which transfer duty is imposed for the trust before the acquisition. - (i) involving a change in the rights or interest of a beneficiary of the trust; or - (ii) terminating the trust; and