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Shareholder rights under review by NSW Law Reform Commission

Beneficiaries of trusts have limited rights when they are not shareholders of the trustee company.  The law in Victoria grants such shareholders more rights and it may well be that the Victoria parliament will enact legislation extending those rights even further.  In NSW, the rights of beneficiaries of trusts are more limited.  However the NSW Law Reform Commission is examining this area of the law and is calling for submissions.  A link to the section of the website of the NSW Law Reform Commission which deals with this area of potential reform is at:


By Steve McAuley, McAuley Hawach Lawyers

Principal Solicitor

Accredited Specialist – Family Law

Telephone: (02) 9633 1826



Parramatta Office: Level 7 | 9 George Street | Parramatta NSW 2150 | Australia

PO Box 873 | Parramatta NSW 2124 | Australia

DX 8282 Parramatta


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