Kay Patterson (Victoria, Liberal Party) Share this | Hansard source

I am sorry, Minister, it does not satisfy me. I want to know where in the legislation it deals with the trust that is set up. If I move to the age pension, there is no legislation that says that I can have this trust without it affecting my income and assets test arrangements. If the minister has legal advice and wants to table it, that is fine. But it is a thing that concerns me. I do not want to have us being told, ‘We didn’t really understand this and we didn’t anticipate this.’ Those people will get to be over 65 and they will go onto the age pension. If a financial adviser were to be advising them, they would want to know where to go to in the law where it that says that the trust can still be held when they are on the age pension.