Australian Capital Territory Consolidated Acts

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PUBLIC TRUSTEE ACT 1985 - SECT 59

Distribution of capital and income

    (1)     The public trustee must distribute any capital or income paid into the income account of a common fund to the estates, trusts or persons having an interest in the common fund.

    (2)     Distributions must be made at times decided by the public trustee and having regard to any advice given by the board.



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