CORPORATIONS REGULATIONS 2001 - REG 5D.1.01A Meaning of trustee company
CORPORATIONS REGULATIONS 2001 - REG 5D.1.01A
Meaning of trustee company(1) For subsection 601RAB(1) of the Act, a company that is listed in Schedule 8AA is a trustee company for the purpose of the Act.
(2) A company that performs the function of the Public Trustee of a State or Territory may only be listed in Schedule 8AA if:
(a) the State or Territory requests the Minister to prescribe the company as a trustee company; and
(b) the Minister agrees to the request.