QLDIn ForceAct
Duties Act 2001
sec.413EWho is a default beneficiary
Start here
Get a plain-English read of sec.413E
Turn the raw legal text into a practical explanation grounded in Duties Act 2001.
### sec.413E Who is a default beneficiary
A default beneficiary of a discretionary trust is a beneficiary who is a taker in default of an appointment by the trustee of the trust, other than a last taker in default of an appointment that is—
a person decided under the Succession Act 1981 ; or
a charitable institution.
s 413E ins 2022 No. 14 s 6
- (a) a person decided under the Succession Act 1981 ; or
- (b) a charitable institution.