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    ATO Taxpayer Alert on 'Hybrid Trusts'

    Make sure you take notes! Hi patb, My 2002 MGS HDT says the same thing. The newer version says "Apart from their entitlement under the heading of REDEMPTION in this application, the holders of Special Income Units shall not have an entitlement to any part of the capital of the Trust Fund".
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    ATO Taxpayer Alert on 'Hybrid Trusts'

    Hi Gordon, I have numerous MGS HDT deeds, the first was purchased in 2002 and the most recent in 2008. The only clauses that seem to have changed include: 1) New clause inserted at 1.12 - definition of 'Social Security and/or Veterans' 2) New clause 1.21 - something about 'references...
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