Veterans’ Entitlements (Means Test Treatment of Private Trusts – Excluded Trusts) Declaration 2015 (Cth)

Veterans' Entitlements (Means Test Treatment of Private Trusts — Excluded Trusts) Declaration 2015

Instrument 2015 No. R10

The REPATRIATION COMMISSION makes this Declaration under subsection 52ZZB (4) of the Veterans' Entitlements Act 1986 (VEA).

Dated this 6th day of August 2015

Simon Lewis Craig Orme …………………………………………………………………………… SIMON LEWIS CRAIG ORME AM CSC PRESIDENT DEPUTY PRESIDENT

Part 1: Preliminary

1.1 Name of declaration

This Declaration is the Veterans' Entitlements (Means Test Treatment

of Private Trusts – Excluded Trusts) Declaration 2015.

1.2 Commencement

This Declaration commences on the day after registration.

1.3 Revocation

The Veterans' Entitlements (Means Test Treatment of Private Trusts –

Excluded Trusts) Declaration 2005 (Instrument 2005 No.6) is revoked.

1.4 Purpose

This purpose of this Declaration is to specify classes of trusts that are excluded trusts for section 52ZZB of the VEA.

1.5 Definitions

In this Declaration:

community purpose means a purpose that is intended to benefit primarily the members of a particular community or group.

government body includes the following kinds of body:

(a)a department or agency of the Commonwealth; (b)a department or agency of a State or Territory; (c)a municipal corporation or other local government body; (d)a body corporate in which the Commonwealth, a State or a Territory body holds a controlling interest.

income has the same meaning as in subsection 52ZZB (7) of the VEA.