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CORPORATIONS ACT 2001 - SECT 601TBB Part does not prevent charging of fees as agreed etc.

CORPORATIONS ACT 2001 - SECT 601TBB

Part does not prevent charging of fees as agreed etc.

  (1)   Nothing in this Part prevents a licensed trustee company from charging:

  (a)   any fees that a testator, in his or her will, has directed to be paid; or

  (b)   any fees that have been agreed on in accordance with subsection   (2).

  (2)   An agreement referred to in paragraph   (1)(b) that relates to the fees that may be charged by a licensed trustee company for the provision of a particular traditional trustee company service must be between the trustee company and:

  (a)   subject to paragraph   (b) of this subsection--a person or persons who have authority to deal with the trustee company on matters relating to the provision of the service; or

  (b)   if the regulations prescribe the person or persons with whom the agreement must be made--that person or those persons.

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