Corporations Act 2001

A person with a proper interest, in relation to an estate, includes (but is not limited to) the following:

ASIC;

in relation to a charitable trust:

the settlor, or one of the settlors, of the trust; or

a person who, under the terms of the trust, has power to appoint or remove a trustee of the trust or to vary (or cause to be varied) any of the terms of the trust; or

a Minister of a State or Territory who has responsibilities relating to charitable trusts; or

a person who is named in the instrument establishing the trust as a person who may receive payments on behalf of the trust; or

a person who is named in the instrument establishing the trust as a person who must, or may, be consulted by the trustee or trustees before distributing or applying money or other property for the purposes of the trust; or

a person of a class that the trust is intended to benefit;

in the case of the estate of a deceased person:

if the person died testate—a beneficiary under the person’s will; or

if the person died intestate—a person who, under a law of a State or Territory, has, or is entitled to, an interest in the deceased’s estate;

in the case of any other trust:

the settlor, or one of the settlors, of the trust; or

a person who, under the terms of the trust, has power to appoint or remove a trustee of the trust or to vary (or cause to be varied) any of the terms of the trust; or

a beneficiary of the trust;

in relation to an application to a court relating to the estate—a person that the court considers, in the circumstances of the case, has a proper interest in the estate;

a person prescribed by the regulations as having a proper interest in the estate;

if a person covered by any of the above paragraphs is under a legal disability—an agent of the person.

None of the paragraphs or subparagraphs of subsection (1) limits, or is limited by, any of the other paragraphs or subparagraphs of that subsection.