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NSW TRUSTEE AND GUARDIAN ACT 2009 - SECT 36 Appointment of other persons to conduct business of estate

NSW TRUSTEE AND GUARDIAN ACT 2009 - SECT 36

Appointment of other persons to conduct business of estate

36 Appointment of other persons to conduct business of estate

(cf PT Act, s 57)

(1) This section applies to an estate of a deceased person if the NSW Trustee is acting in a trust capacity and the testator or settler has directed in a trust instrument that a specified person is to conduct the legal or other business of the estate.
(2) The specified person is entitled to conduct the legal or other business of the estate in accordance with the direction.
(3) The NSW Trustee is not liable for any act or omission of the specified person in conducting the legal or other business of the estate.
(4) The Supreme Court may, on application by the NSW Trustee, or any other person interested in the estate, on cause being shown, direct that the specified person is not to conduct the legal or other business of the estate and may appoint any other person to conduct the business concerned.