1.1.N.100 Non-discretionary trust
Usage
This definition applies to all payments.
Definition
A non-discretionary trust is a trust (1.1.T.180) for which the terms of the trust deed do not give the trustee discretion about whether to:
- pay or apply income, or
- choose to whom the trust income is distributed.
Policy reference: SS Guide 1.1.D.200 Discretionary trust