(c) a New Zealand citizen who is the holder of a special category visa within the meaning of section 32(1) of the Migration Act 1958 of the Commonwealth; of a discretionary trust, means S. 3(1) def. of beneficiary beneficiary (except in Division 2 of Part 4) a person, or inserted by a member of a class of persons, in whom, by No. 85/2005 s. 22(1)(a), the terms of the trust, the whole or any part amended by of the trust property may be vested— No. 69/2011 s. 30. (a) in the event of the exercise of a power or discretion in favour of the person (whether or not that power is presently exercisable); or (b) in the event that a discretion conferred under the trust is not exercised; has the same meaning as S. 3(1) def. of capital improved value capital in the Valuation of Land Act 1960; improved value inserted by No. 28/2017 s. 50. has the meaning given in chain of trusts S. 3(1) def. of chain of trusts section 3D; inserted by No. 67/2017 s. 10. means land held on trust S. 3(1) def. of child maintenance land child that was transferred to the trustee for the maintenance benefit of a beneficiary as the result of a land inserted by family breakdown within the meaning of No. 85/2005 section 102AGA of the Income Tax s. 22(1)(a). Assessment Act 1936 of the Commonwealth; has the same commercial residential premises S. 3(1) def. of commercial meaning as in the A New Tax System residential (Goods and Services Tax) Act 1999 of premises inserted by the Commonwealth; No. 28/2017 s. 50.
(c) a New Zealand citizen who is the holder of a special category visa within the meaning of section 32(1) of the Migration Act 1958 of the Commonwealth; S. 3(1) def. of beneficiary inserted by No. 85/2005 s. 22(1)(a), amended by No. 69/2011 s. 30. beneficiary of a discretionary trust, means (except in Division 2 of Part 4) a person, or a member of a class of persons, in whom, by the terms of the trust, the whole or any part of the trust property may be vested— (a) in the event of the exercise of a power or discretion in favour of the person (whether or not that power is presently exercisable); or (b) in the event that a discretion conferred under the trust is not exercised; S. 3(1) def. of capital improved value inserted by No. 28/2017 s. 50. capital improved value has the same meaning as in the Valuation of Land Act 1960; S. 3(1) def. of chain of trusts inserted by No. 67/2017 s. 10. chain of trusts has the meaning given in section 3D; S. 3(1) def. of child maintenance land inserted by No. 85/2005 s. 22(1)(a). child maintenance land means land held on trust that was transferred to the trustee for the benefit of a beneficiary as the result of a family breakdown within the meaning of section 102AGA of the Income Tax Assessment Act 1936 of the Commonwealth; S. 3(1) def. of commercial residential premises inserted by No. 28/2017 s. 50. commercial residential premises has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999 of the Commonwealth;
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