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TRUSTEE COMPANIES ACT 1947

Table of Provisions

  • 1 Name of Act  
  • 2 Dictionary  
  • 3 Notes  
  • 4 Company may act as executor and obtain probate  
  • 5 Authorisation given to trustee company to act by person entitled to  
  • 6 Authorisation given to trustee company to act by 1 of several executors  
  • 7 Authorisation given to trustee company to act by person entitled to administration with will  
  • 8 Authorisation given to trustee company to act by person entitled to administration on  
  • 8A Capacity of trustee company to act  
  • 9 Court to act on affidavit of managing director or manager in applications for probate  
  • 10 Assets of company to be liable for proper administration of  
  • 11 Company may be appointed trustee, receiver or guardian of estate  
  • 12 Company may act under power of attorney by managing director, manager or 2  
  • 13 Company may be appointed to act as temporary executor or  
  • 14 Executor or administrator may appoint company to discharge duties  
  • 15 Application for consent under s 14  
  • 16 Managing director or manager may attend on behalf of company  
  • 17 Manager and directors personally responsible to court  
  • 19 Trustee company to be subject to same duties as individual  
  • 19A Company may hold property as joint tenant  
  • 20 Company may be removed from office by court and provisions for relief against company or  
  • 23 Voluntary winding-up of company or disposal of shares may be restrained by Supreme  
  • 32 Act not to preclude other companies from applying for similar powers to those given  
  • 33 Testators may appoint own lawyers  
  • 34B Transfer determinations  
  • 35 Regulation-making power  
  • DICTIONARY ENDNOTES

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