Australian Capital Territory Consolidated Acts

TRUSTEE COMPANIES ACT 1947

TABLE OF PROVISIONS

           Long Title

   1.      Name of Act  
   2.      Dictionary  
   3.      Notes  
   3A.     Change of name  
   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  
   18.     Estate fees  
   18A.    Fees for preparation of returns  
   18B.    Fees generally  
   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  
   21.     Order for account on application of trustee etc  
   22.     Supreme Court may order audit in any estate committed to the  
   23.     Voluntary winding-up of company or disposal of shares may be restrained by Supreme  
   24.     Restriction on classes of business  
   25.     Separate accounts of each estate to be kept  
   25A.    Contributory investments  
   25B.    Common trust funds  
   25C.    Crediting of money to common trust fund  
   25D.    Investment in and withdrawal from common trust fund  
   25E.    Beneficial interest in common trust fund  
   25F.    Valuation of common trust fund  
   25G.    Payment of income  
   25H.    Realisation and acquisition of investments of common trust fund  
   25I.    Trustee company acting jointly with another person  
   25J.    Fees in relation to common trust fund  
   26.     Improper dealings with money  
   27.     Power to deposit amounts with banks  
   28.     Payment of money unclaimed  
   29.     Persons entitled may apply subsequently  
   30.     Order for account on application of Minister  
   31.     Quarterly financial declarations  
   31A.    Information etc for Minister  
   31B.    Inquiries and audits  
   32.     Act not to preclude other companies from applying for similar powers to those given  
   33.     Testators may appoint own lawyers  
   34.     Incorporation and powers of company except so far as specifically altered to  
   34A.    Approved forms  
   35.     Regulation-making power  
   36.     Transitional  
           SCHEDULE 1
           DICTIONARY
           ENDNOTES