Australian Capital Territory Consolidated Acts

PUBLIC TRUSTEE ACT 1985 - SECT 23

    (1)     The public trustee may accept for safe custody any trust instrument, a debenture or other security, any document of title to property, any other document and any chattel.

    (2)     The public trustee's liability in respect of any thing deposited for safe custody under subsection (1) is—

        (a)     where a charge is made by the public trustee in connection with the keeping of that thing by the public trustee—that of a bailee for reward; and

        (b)     where a charge is not made by the public trustee in connection with the keeping of that thing by the public trustee—that of a gratuitous bailee.