Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If a person transfers an asset to a special disability trust, the transfer is taken not to be a disposal of the asset (within the meaning of section 52E) if:
(a) the person is the principal beneficiary of the trust, or the principal beneficiary's partner; and
(b) the person receives no consideration, and is not entitled to any consideration, for the transfer; and
(c) the transfer is unconditional.
Note 1: For special disability trust , see section 52ZZZW.
Note 2: Section 52ZZZWE limits the circumstances in which the principal beneficiary or the principal beneficiary's partner can transfer assets to the trust.
(2) This section has effect subject to section 52ZZZWP.