Public Trustee Rules
Table of Contents
1 Citation
2 Definitions
3 Authorised trusts and duties
4 Trusts involving management or carrying on of any business
5 Duty of co-trustee to notify Public Trustee of appointment by testator or settlor
6 Procedure for obtaining written consent of Public Trustee to act as trustee
7 Matters to be considered by Public Trustee in deciding whether to give consent
7A Amount prescribed under section 6(1) of Act
8 Administration of small estates
9 Estate less than $5,000
10 Application for opinion of Court
11 Registers and books of each trust or estate to be kept
12 Investment of trust money
13 Securities, etc., to be kept in a safe place
14 Separate accounts for every trust or estate
15 Payments through bank
16 Official seal of Public Trustee
17 Income of trust property
18 Income may be paid to another trustee on undertaking
19 Advances for purposes of trust
20 Public Trustee may use professional advice
21 Statutory declaration
22 Untraceable beneficiary
23 Inspection, copies and information
24 Investigation and audit of trust accounts
25 Security
26 Duration of investigation and audit
27 Default of agreement
28 Remuneration and expenses
29 Copies of documents
30 Parties to be heard
31 Accounts to be audited
32 Authorised officers
33 Notices to be addressed to Public Trustee at his office
34 Persons under disability
35 Forms, directions and regulations
36 Bank accounts for trust moneys
37 Restriction on powers
38 Reserve Fund
Legislative History