QLDIn ForceAct
Trusts Act 2025
sec.162Definition for part
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sec.162 Definition for part
In this part— possessed , of property, includes— entitled to the receipt of income of property; and entitled to any vested estate (less than a life interest), at law or in equity, in possession or in expectancy, in land.
- (a) entitled to the receipt of income of property; and
- (b) entitled to any vested estate (less than a life interest), at law or in equity, in possession or in expectancy, in land.