Beneficiary conditions
All beneficiaries must be identifiable individuals with vested beneficial ownership that is not revocable, variable or subject to a subsequent condition. Income-only, unborn, discretionary, contingent, remainder or reversion interests do not satisfy the stated definition. Naming a child alone is insufficient if ownership only vests at a future age or condition.
Pay first and apply within six months
Pay the 65% duty before seeking remission and submit within six months of execution through desktop Request > Apply for Assessment/Appeal for Waiver. Attach the trust instrument and purchase documents. The refund goes to the liable payer; the amount depends on the highest beneficiary profile, so it is not automatically the full 65%.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
Read the official source ↗