QLDIn ForceAct
Property Law Act 2023
sec.216Variation of trust to opt in to 125-year perpetuity period if trustee has power of variation
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### sec.216 Variation of trust to opt in to 125-year perpetuity period if trustee has power of variation
This section applies if a trustee has power, under the terms of the trust, to vary the vesting date of a disposition of property under the trust.
The trustee may vary the vesting date to a date not later than the last day of the period of 125 years starting on the day of the disposition of the property under the trust.
(sec.216-ssec.1) This section applies if a trustee has power, under the terms of the trust, to vary the vesting date of a disposition of property under the trust.
(sec.216-ssec.2) The trustee may vary the vesting date to a date not later than the last day of the period of 125 years starting on the day of the disposition of the property under the trust.