(C) any trust which is approved and properly established pursuant to the social security Act 1991 (as amended from time to time) ( namely a
special Disability thrust ) for the benefit of a beneficiary of this trust;
(ii) "distribute " includes to pay, apply or set aside any amount for a beneficiary or a resolution to do so;
(iii) " income" means income as determined by the trustee;
(vi) "Financial year " means each period ending on 30 June or the vesting date from the commencement of the trust;
(v) "Vesting day" means the first to occur of the following dates:
(A) the eightieth anniversary of the date of my death; or
(B) the date which the trustee may appoint in writing.
Right to occupy
(b). I specifically grant to the principlal beneficiary a right to occupy the dwelling which is my main residence at the date of my death.
Distribution of income or capital
(c) Each financial year until the vesting day the trustee may distribute the whole or any part of the income and capital of the trust fund from time to
time to such one or more of the beneficiaries as the trustee may select and the trustee may:
(i) treat as income of the trust fund any receipt, profit or gain which is assessable income for the purposes of the Income Tax assessment Act
1936 and Income Tax assessment Act 1997 (or any replacement legislation ) and may distinguish between income of different types or
characters and may deal with one type or character of income in a different manner to that of a different type or character;