• Specific Year
    Any

TRUSTEE ACT 1925 - SECT 51A Information etc for Minister

TRUSTEE ACT 1925 - SECT 51A

Information etc for Minister

    (1)     This section applies if it appears to the Minister that a trustee may be contravening, or may have contravened—

        (a)     this Act; or

        (b)     a Territory law relevant to its activities under this Act; or

        (c)     a legal obligation as a trustee.

    (2)     The Minister may, in writing, ask the trustee to give the Minister, within a stated reasonable time, stated information, or written statements, about—

        (a)     the affairs of the trust; or

        (b)     the activities of the trustee as trustee.

    (3)     A requirement under this section may describe the information or statements asked for generally.

    (4)     The trustee commits an offence if—

        (a)     the Minister asks the trustee for information or written statements under this section; and

        (b)     the trustee fails to give the Minister the information or written statements within the reasonable time stated in the request.

Maximum penalty: 200 penalty units.

    (5)     An offence against this section is a strict liability offence.