Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) The public trustee shall establish and maintain an account to be called the fees and commissions account.
(2) The fees and commissions account shall not form part of a common fund.
(3) The public trustee is entitled to charge a management fee for the administration of moneys held in a common fund.
(4) The management fee must be the amount determined by, or worked out in accordance with the rate or scale determined by, the Minister for this section.
(5) A determination is a disallowable instrument.
Note A disallowable instrument must be notified, and presented to the Legislative Assembly, under the Legislation Act 2001 .
(6) A management fee shall be deducted on the last day of each month.
(7) Management fees received under this section shall be paid into the fees and commissions account.