Western Australian Numbered Acts

DUTIES ACT 2008 (NO. 11 OF 2008) - SECT 158

158 .         Extent of interest in discretionary trust

                For the purposes of section 157, if the trustee of a discretionary trust is a linked entity, a potential beneficiary under the trust is taken to have —

            (a)         a 100% interest in the trust; or

            (b)         if the Commissioner decides in a particular case that the operation of paragraph (a) would be inequitable, either —

                  (i)         an interest in the trust of some other percentage; or

                  (ii)         no interest in the trust,

                as determined by the Commissioner.