Queensland Consolidated Acts Queensland Consolidated ActsA corporate trustee is an unlisted corporation, other than an authorised trustee corporation, that is the trustee of a discretionary trust that—
(a) holds dutiable property on trust for the discretionary trust; or
(b) has an indirect interest in dutiable property and that interest is held on trust for the discretionary trust.
Note—
Section 498 includes provision about references to dutiable property.