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CORPORATIONS ACT 2001 - SECT 601RAA

Definitions

                   In this Chapter:

"client " , in relation to a trustee company, has the meaning given by subsection 601RAB(3).

"estate management functions " has the meaning given by subsection 601RAC(2).

"estate that is administered or managed " , in relation to a trustee company, means all or any of the estate of a person (whether living or dead) that is administered or managed by the trustee company in the course of performing estate management functions.

"fees " means fees in the nature of remuneration (including commission).

"law " means a law of the Commonwealth or of a State or Territory, and includes a rule of common law or equity.

"licensed trustee company " means a trustee company that holds an Australian financial services licence covering the provision of one or more traditional trustee company services.

Note:          Traditional trustee company services are financial services for the purpose of Chapter 7: see subsection 766A(1A).

"person with a proper interest " , in relation to an estate, has the meaning given by section 601RAD.

"publish " : if the regulations prescribe requirements to be complied with in relation to an obligation in a provision of this Part to publish something, publish (in that provision) means publish in accordance with those requirements.

"traditional trustee company services " has the meaning given by subsection 601RAC(1).

"trustee company " has the meaning given by section 601RAB.

"will " includes a codicil and any other testamentary writing.



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