Social Security Act 1991

If a person transfers an asset to a special disability trust, the transfer is taken not to be a disposal of the asset (within the meaning of section 1123) if:

the person is the principal beneficiary of the trust, or the principal beneficiary’s partner; and

the person receives no consideration, and is not entitled to any consideration, for the transfer; and

the transfer is unconditional.

For special disability trust see section 1209L.

Section 1209R limits the circumstances in which the principal beneficiary or the principal beneficiary’s partner can transfer assets to the trust.

This section has effect subject to section 1209ZD.