23.—(1) The Minister shall make rules for carrying into effect the objects of this Act, and in particular for all or any of the following purposes:
(a)
establishing the office of Public Trustee and prescribing the trusts or duties he is authorised to accept or undertake, and the security, if any, to be given by the Public Trustee and his officers;
(b)
the transfer to and from the Public Trustee of any property;
(c)
the accounts to be kept and an audit thereof;
(d)
the establishment and regulation of any branch office;
(e)
excluding any trusts from the operation of this Act or any part thereof;
(f)
the form and manner in which notices under this Act shall be given;
(g)
the payment of interest;
(h)
the date from which interest, if allowed, is to be paid;
(i)
the management, investment and disposal of the reserve fund;
(j)
generally to carry out the provisions of sections 10 to 16.
(2) Any rules made by the Minister under this section shall be published in the Gazette and shall be presented to Parliament and shall not come into force until approved by a resolution of Parliament.
(3) In approving any rules Parliament may make such alterations therein as it thinks fit.
(4) Any rules made by the Minister under this section shall have the same force and effect as if enacted in this Act.
Informal Consolidation | Amended Act 44 of 2014
Rules
23.—(1) The Minister shall make rules for carrying into effect the objects of this Act, and in particular for all or any of the following purposes:
(a)
establishing the office of Public Trustee and prescribing the trusts or duties he is authorised to accept or undertake, and the security, if any, to be given by the Public Trustee and his officers;
(b)
the transfer to and from the Public Trustee of any property;
(c)
the accounts to be kept and an audit thereof;
(d)
the establishment and regulation of any branch office;
(e)
excluding any trusts from the operation of this Act or any part thereof;
(f)
the form and manner in which notices under this Act shall be given;
(g)
the payment of interest and income from investments;
[Act 44 of 2014 wef 31/12/2014]
(h)
the date from which interest, if allowed, is to be paid;
(i)
the management, investment and disposal of the Reserve Fund;
[Act 44 of 2014 wef 31/12/2014]
(j)
generally to carry out the provisions of sections 10 to 16;
[Act 44 of 2014 wef 31/12/2014]
(k)
the manner of authorisation of an agent by the Public Trustee under section 4(8) and the powers and duties of the agent.
[Act 44 of 2014 wef 31/12/2014]
(2) All rules made under this section shall be presented to Parliament as soon as possible after publication in the Gazette.