Trading trusts are often used as an alternative to companies as a way to structure businesses.
The Commission is reviewing what beneficiaries should be able to do if there is a disagreement and they want to leave the trust. In particular, whether they should have similar rights to those provided to shareholders of companies under section 232 of the Corporations Act.
The Commission has published a consultation paper and is due to report by February 2015. To view the consultation paper, please click here.