(1) A discretionary
trust holds an indirect interest in dutiable property if an entity linked to
the trustee of the discretionary trust is entitled to dutiable property.
(2) Sections 156 and
156A apply where it is necessary to determine whether an entity is linked to a
trustee of a discretionary trust for the purposes of subsection (1) or
section 59(a)(ii) or 61(b).
(3) In applying
sections 156 and 156A, the trustee of the discretionary trust is the main
entity, despite section 152(2) and (3).
[Section 57 amended: No. 12 of 2019 s. 20.]