precedents online

Deed of Variation for Unit Trust

Suitable:  NSW  QLD  VIC  SA  NT  WA  TAS

 

Deed of Variation of Unit Trust

 

 

 

 

 

A deed of variation of unit trust can be used to amend a Unit Trust deed.

This precedent is a guide only and should not be adopted for use without consideration of the particular circumstances and the provisions of the particular clauses of the trust deed.

A deed of variation of trust may attract stamp duty and trigger other tax consequences. Commentary is included with links to relevant State (New South Wales) and Federal (ATO) stamp duty and tax rulings.

The provisions of the variation of trust clause in the unit trust deed should be examined to ensure that the trustee has the power to amend the unit trust deed. If this power is subject to conditions, the conditions should be complied with and the recitals amended to recite that the conditions have been satisfied. If there is no express power of variation, a de facto variation (for example to insert a power to vary the terms of the trust deed) may be achieved by a deed signed by the parties to the original trust deed (assuming there has been no change of trustee) in which the current unit holders consent to the variation.

 

 

includes gst.

 

 

 

Please note the Stamp Duty is calculated for NSW only and you will need to incorporate your corresponding ruling for your state.

Easy as always
I’ve used this site over the years for quick templates to build and modify from. Saves a great deal of work and ensures I have up to date changes already made for me when I need.
Confidentiality Agreement
I have used Precedents Online and do find their product very well written and clear.
Title clear and helpful
Very good precedent - only comment would be to provide some examples or comments if each clause is essential to create a binding financial agreement and, if optional, 1 or 2 brief examples of circumstances where the relevant clause could be excluded. Otherwise, great work and I will certainly use precedents online again, cheers!
Your Legal Documents
Thanks for the great downloads. Great for starting a small legal practice.
Legal
Great service. Fast response and a good price. Easy to follow the download procedure. Would definitely use again.

Free Legal Drafting Booklet with Purchase

Written by Practicing Lawyers

"

Who we are

Precedents Online sells legal documents to  the legal profession and businesses in Australia. We supply over 300+ Legal Templates for immediate download in word format.

The documents  have been created by practising lawyers and are for immediate purchase online.

All legal precedents sold on this site are available for immediate use and have been drafted by practicing lawyers and kept up to date with changes in the law.

 Simple to Use

 Free Legal Drafting Book

No Memberships Required

A Leader In The Industry

Eric Kalde is the author of over 300 +  practice guides published through the leading Australian legal publishers Precedents Online.
Lawyers all over Australia rely on Eric Kalde’s precedents and practice guides in their legal practice.

What our Latest Satisfied Customers Say

Easy as always
I’ve used this site over the years for quick templates to build and modify from. Saves a great deal of work and ensures I have up to date changes already made for me when I need.
Confidentiality Agreement
I have used Precedents Online and do find their product very well written and clear.
Title clear and helpful
Very good precedent - only comment would be to provide some examples or comments if each clause is essential to create a binding financial agreement and, if optional, 1 or 2 brief examples of circumstances where the relevant clause could be excluded. Otherwise, great work and I will certainly use precedents online again, cheers!
Your Legal Documents
Thanks for the great downloads. Great for starting a small legal practice.
Legal
Great service. Fast response and a good price. Easy to follow the download procedure. Would definitely use again.

Rural Lease Agreement

www.kaldelegal.com.au