Queensland Consolidated Acts Queensland Consolidated Acts(1) A person must not hold a lease to which this division applies as trustee for another person.
(2) Subsection (1) does not apply to—
(a) a family arrangement; and
(b) a partnership or corporation consisting of persons who are lessees of the lease and who rank equally to share in the profits of the trust, partnership or corporation in the same proportions as they hold the lease.