Trusts Act 1973
LegislationReferenced in 3 bills
Property Law Bill 2023
This bill replaces Queensland's 50-year-old Property Law Act with modernised legislation that makes property transactions clearer and safer. It introduces a mandatory seller disclosure scheme so buyers receive standardised information before signing contracts, supports electronic conveyancing, and protects parties when settlement is disrupted by emergencies or system failures.
Trusts Bill 2024
This bill would replace Queensland's 50-year-old trusts legislation with a modernised law based on a Queensland Law Reform Commission review. It clarifies the powers and duties of trustees, makes it easier to replace trustees who die or lose capacity, and provides cheaper options for resolving trust disputes. The bill lapsed and did not become law when the 57th Parliament ended.
Trusts Bill 2025
This bill replaces Queensland's 50-year-old trust law with modern legislation. It clarifies the powers and duties of trustees, makes it easier to replace trustees who die or become incapacitated, and gives beneficiaries clearer rights to see how their trust is being managed.