Apply for registration as a declared public unit trust scheme
Complete the online form and send documents by email or mail.
Background information
The trustee of a unit trust scheme can apply to register the scheme as a declared public unit trust scheme to gain concessionary treatment for landholder duty.
Registration may be available where the scheme does not meet all criteria of a listed trust or widely held trust but is considered public in its nature and purpose.
Registration as a declared public unit trust scheme is for 3 years from the date specified by the Commissioner. Registration may be backdated to an earlier date. The Commissioner may cancel the registration if the scheme no longer meets the registration requirements.
Before applying, review the public rulings on trust registration applications and declared public trust schemes.
Step 1: Determine your eligibility
Before seeking registration, consider the factors the Commissioner considers when determining whether a scheme should be registered, including:
- whether the scheme was established for a particular investor or group of investors
- whether units in the scheme were issued to the public or an appreciable section of the public
- the degree of ownership and/or control a particular investor or group of investors has over the scheme
- the total number of unit holders in the scheme and whether units are widely held by persons who are not associated with each other
- whether the purpose and nature of the scheme is effectively public, and the reasons it fails to meet the criteria of a listed trust or a widely held trust.
Step 2: Gather supporting documents
Before completing the application form, make sure you have the required supporting documents. These include trust documents, financial records and details of unit holders. Refer to the application form for the full list of required documents.
Step 3: Complete and lodge your application
The trustee of the unit trust scheme seeking registration must complete the application form online.
The form must be signed by or on behalf of the trustee before lodgement.
Lodge the signed form and supporting documents by email or mail, marked to the attention of the Manager, Landholder Acquisitions Branch.
State Revenue Office
GPO Box 1641
Melbourne VIC 3001
If you need assistance, please call us on 03 9628 0123.
Next steps
We will acknowledge your application in writing when we receive it and contact you if we need more information.