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TRUSTEE ACT 1925 - NOTES

- As at 11 November 2009 - Act 14 of 1925

See also:

Statute Law (Miscellaneous Provisions) Bill (No 2) 2009

Reprint history (since 1972):

Reprint No 1   14 January 1975  
Reprint No 2   19 September 1977  
Reprint No 3   26 March 1979  
Reprint No 4   28 May 1980  
Reprint No 5   5 July 1983  
Reprint No 6   3 March 1987  
Reprint No 7   20 October 1988  
Reprint No 8   6 April 1992  
Reprint No 9   6 September 1993  
Reprint No 10   3 February 1997  
Reprint No 11   18 May 1999  
Reprint No 12   23 December 2003  

Historical notes

The following abbreviations are used in the Historical notes:

Am amended LW legislation website Sch Schedule
Cl clause No number Schs Schedules
Cll clauses p page Sec section
Div Division pp pages Secs sections
Divs Divisions Reg Regulation Subdiv Subdivision
GG Government Gazette Regs Regulations Subdivs Subdivisions
Ins inserted Rep repealed Subst substituted
This Act is reprinted with the omission of all amending provisions authorised to be omitted under sec 6 of the Reprints Act 1972.

Table of amending instruments

Trustee Act 1925 No 14. Assented to 8.12.1925. Date of commencement, 1.3.1926, sec 1 (2). This Act has been amended as follows:

1929 No 60 Trustee (Amendment) Act 1929. Assented to 24.12.1929.
1937 No 35 Statute Law Revision Act 1937. Assented to 23.12.1937.
1938 No 30 Conveyancing, Trustee and Probate (Amendment) Act 1938. Assented to 14.12.1938.
Date of commencement, 1.1.1939, sec 1 (2) and GG No 188 of 23.12.1938, p 4951.
1940 No 32 Trustee and Wills (Emergency Provisions) Act 1940. Assented to 11.11.1940.
1942 No 26 Public Trustee (Amendment) Act 1942. Assented to 14.12.1942.
1965 No 33 Decimal Currency Act 1965. Assented to 20.12.1965.
Date of commencement of sec 4, 14.2.1966, secs 1 (3), 2 (1) and the Currency Act 1965 (Commonwealth), sec 2 (2).
1969 No 31 Limitation Act 1969. Assented to 9.4.1969.
Date of commencement, 1.1.1971, sec 1 (2) and GG No 106 of 21.8.1970, p 3331.
1970 No 52 Supreme Court Act 1970. Assented to 14.10.1970.
Date of commencement, Pt 9 excepted, 1.7.1972, sec 2 and GG No 59 of 2.6.1972, p 2018. Amended by Supreme Court (Amendment) Act 1972 No 41. Assented to 11.4.1972.
No 60 Minors (Property and Contracts) Act 1970. Assented to 13.11.1970.
Date of commencement, 1.7.1971, sec 1 (2) and GG No 60 of 4.6.1971, p 1863.
1972 No 17 Conveyancing (Amendment) Act 1972. Assented to 29.3.1972.
No 48 Reprints Act 1972. Assented to 9.10.1972.
1973 No 81 Coal Mining Act 1973. Assented to 20.12.1973.
Date of commencement of Fourth Sch, 29.3.1974, sec 1 (2) and GG No 36 of 29.3.1974, p 1118.
1976 No 97 Children (Equality of Status) Act 1976. Assented to 17.12.1976.
Date of commencement of Sch 1, 1.7.1977, sec 2 (2) and GG No 68 of 24.6.1977, p 2508.
1979 No 189 Trustee (Amendment) Act 1979. Assented to 21.12.1979.
1980 No 196 Miscellaneous Acts (Crown Land Titles) Amendment Act 1980. Assented to 22.12.1980.
Date of commencement of Sch 1 (except as provided in sec 2 (4)-(6)), 1.10.1981, sec 2 (3) and GG No 141 of 25.9.1981, p 5107.
1981 No 90 Miscellaneous Acts (State Bank) Repeal and Amendment Act 1981. Assented to 10.6.1981.
Date of commencement of Sch 1, 2.11.1981, sec 2 (2) and GG No 168 of 2.11.1981, p 5673.
No 123 Miscellaneous Acts (Companies) Amendment Act 1981. Assented to 30.12.1981.
Date of commencement of Sch 8 (except as provided in sec 2 (6) (a)-(c)), 1.7.1982, sec 2 (6) and GG No 90 of 30.6.1982, p 2959.
1982 No 35 Trustee (Investment Powers) Amendment Act 1982. Assented to 5.5.1982.
Date of commencement of Sch 1, 17.5.1982, sec 2 (2) and GG No 65 of 14.5.1982, p 2090.
No 148 Liquor (Repeals and Savings) Act 1982. Assented to 21.12.1982.
Date of commencement of Sch 2, 1.7.1983, sec 2 (3) and GG No 74 of 20.5.1983, p 2181.
1983 No 28 Trustee (Powers of Attorney) Amendment Act 1983. Assented to 22.4.1983.
Date of commencement, 22.4.1983, sec 2.
No 204 Trustee (Investment) Amendment Act 1983. Assented to 31.12.1983.
1984 No 43 Perpetuities Act 1984. Assented to 13.6.1984.
Date of commencement of Sch 1, 31.10.1984, sec 2 (2) and GG No 147 of 19.10.1984, p 5077.
No 169 Trustee (Amendment) Act 1984. Assented to 14.12.1984.
Date of commencement of Sch 1, 1.7.1985, sec 2 (2) and GG No 98 of 28.6.1985, p 3000.
1985 No 89 Trustee (Trustees’ Agents) Amendment Act 1985. Assented to 4.6.1985.
1987 No 48 Statute Law (Miscellaneous Provisions) Act (No 1) 1987. Assented to 28.5.1987.
Date of commencement of Sch 32, except as provided by sec 2 (13), 1.9.1987, sec 2 (12) and GG No 136 of 28.8.1987, p 4809.
No 139 Trustee (Amendment) Act 1987. Assented to 16.6.1987.
Date of commencement, 1.8.1987, sec 2 (2) and GG No 126 of 31.7.1987, p 4254.
No 209 Statute Law (Miscellaneous Provisions) Act (No 2) 1987. Assented to 9.12.1987.
Date of commencement of Sch 37, assent, sec 2 (1).
1988 No 131 Statute Law (Miscellaneous Provisions) Act (No 3) 1988. Assented to 30.12.1988.
Date of commencement of Sch 25, 16.6.1989, sec 2 (2) and GG No 73 of 16.6.1989, p 3499.
1989 No 226 Statute Law (Miscellaneous Provisions) Act (No 3) 1989. Assented to 21.12.1989. The provision of Sch 1 relating to the Trustee Act 1925 was not commenced and was repealed by the Statute Law (Miscellaneous Provisions) Act 1994 No 32.
1992 No 29 Mining Act 1992. Assented to 18.5.1992.
Date of commencement, 21.8.1992, sec 2 and GG No 101 of 20.8.1992, p 5905.
No 34 Statute Law (Miscellaneous Provisions) Act 1992. Assented to 18.5.1992.
Date of commencement of the provisions of Sch 1 relating to the Trustee Act 1925, 15.1.1993, Sch 1 and GG No 5 of 15.1.1993, p 60.
No 46 Financial Institutions (New South Wales) Act 1992. Assented to 30.6.1992.
Date of commencement, 30.6.1992, sec 2 and GG No 80 of 30.6.1992, p 4481.
1993 No 18 Trustee (Amendment) Act 1993. Assented to 18.5.1993.
Date of commencement, 1.8.1993, sec 2 and GG No 82 of 23.7.1993, p 4045.
No 46 Statute Law (Miscellaneous Provisions) Act 1993. Assented to 15.6.1993.
Date of commencement of the provision of Sch 1 relating to the Trustee Act 1925, assent, Sch 1.
1995 No 11 Statute Law Revision (Local Government) Act 1995. Assented to 9.6.1995.
Date of commencement of Sch 1.137, 23.6.1995, sec 2 (1) and GG No 77 of 23.6.1995, p 3279.
No 62 Births, Deaths and Marriages Registration Act 1995. Assented to 12.12.1995.
Date of commencement, 1.1.1996, sec 2 and GG No 156 of 22.12.1995, p 8682.
No 99 Statute Law (Miscellaneous Provisions) Act (No 2) 1995. Assented to 21.12.1995.
Date of commencement of Sch 3, 3 months after assent, sec 2 (3).
1996 No 24 Financial Institutions (Miscellaneous Amendments) Act 1996. Assented to 21.6.1996.
Date of commencement, 12.7.1996, sec 2 and GG No 84 of 12.7.1996, p 3984.
No 100 Trustee Amendment Act 1996. Assented to 26.11.1996.
Date of commencement, assent, sec 2.
No 139 Strata Schemes Management (Miscellaneous Amendments) Act 1996. Assented to 16.12.1996.
Date of commencement, 1.7.1997, sec 2 and GG No 68 of 27.6.1997, p 4770.
1997 No 11 Friendly Societies (New South Wales) Act 1997. Assented to 21.5.1997.
Date of commencement, 1.10.1997, sec 2 and GG No 104 of 26.9.1997, p 8179.
No 102 Trustee Amendment (Discretionary Investments) Act 1997. Assented to 25.11.1997.
Date of commencement, 13.3.1998, sec 2 and GG No 52 of 13.3.1998, p 1381.
1999 No 4 Property (Relationships) Legislation Amendment Act 1999. Assented to 7.6.1999.
Date of commencement of Sch 2.24, 28.6.1999, sec 2 and GG No 72 of 25.6.1999, p 4082.
No 31 Statute Law (Miscellaneous Provisions) Act 1999. Assented to 7.7.1999.
Date of commencement of Sch 5, assent, sec 2 (1).
No 42 Offshore Minerals Act 1999. Assented to 8.7.1999.
Date of commencement, 31.3.2000, sec 2 and GG No 42 of 31.3.2000, p 2490.
No 94 Crimes Legislation Amendment (Sentencing) Act 1999. Assented to 8.12.1999.
Date of commencement of Sch 4.168, 1.1.2000, sec 2 (1) and GG No 144 of 24.12.1999, p 12184.
2001 No 34 Corporations (Consequential Amendments) Act 2001. Assented to 28.6.2001.
Date of commencement of Sch 2.55, 15.7.2001, sec 2 (1) and Commonwealth Gazette No S 285 of 13.7.2001.
2003 No 4 Valuers Act 2003. Assented to 28.5.2003.
Date of commencement of Sch 1.13, 31.3.2005, sec 2 (1) and GG No 37 of 29.3.2005, p 929.
No 53 Powers of Attorney Act 2003. Assented to 23.10.2003.
Date of commencement, 16.2.2004, sec 2 and GG No 35 of 13.2.2004, p 613.
2006 No 58 Statute Law (Miscellaneous Provisions) Act 2006. Assented to 20.6.2006.
Date of commencement of Sch 3.19, assent, sec 2 (2).
No 80 Succession Act 2006. Assented to 27.10.2006.
Date of commencement, 1.3.2008, sec 2 and GG No 16 of 15.2.2008, p 707.
No 120 Statute Law (Miscellaneous Provisions) Act (No 2) 2006. Assented to 4.12.2006.
Date of commencement of Sch 2, assent, sec 2 (2).
2009 No 49 NSW Trustee and Guardian Act 2009. Assented to 26.6.2009.
Date of commencement, 1.7.2009, sec 2 and 2009 (305) LW 1.7.2009.
This Act has also been amended pursuant to an order under secs 8 (2) and 9 (3) of the Reprints Act 1972 (formerly Acts Reprinting Act 1972). Order dated 2.1.1975 and published in Gazette No 12 of 10.1.1975, p 84, declaring that the Trustee Act 1925 is an enactment to which sec 8 (2) and sec 9 (3) of the Acts Reprinting Act 1972 applies.

Table of amendments

No reference is made to certain amendments made by the Decimal Currency Act 1965, the Reprints Act 1972, and Schedule 3 (amendments replacing gender-specific language) to the Statute Law (Miscellaneous Provisions) Act (No 2) 1995.

Part 1A, heading Ins 1999 No 31, Sch 5.110 [2].
Sec 2 Rep 1999 No 31, Sch 5.110 [3].
Sec 4 Rep 1987 No 48, Sch 32. Ins 1997 No 102, Sch 1 [1].
Sec 5 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch); 1970 No 60, First Sch; 1979 No 189, Sch 1 (1); 2006 No 80, Sch 3.15 [1]; 2009 No 49, Sch 2.59 [1] [2].
Sec 6 Am 1940 No 32, sec 11 (a); 1970 No 60, First Sch; 1979 No 189, Sch 1 (2); 2009 No 49, Sch 2.59 [3].
Sec 7 Am 1979 No 189, Sch 1 (3); 2009 No 49, Sch 2.59 [3].
Sec 8 Am 2009 No 49, Sch 2.59 [3].
Sec 9 Am 1938 No 30, sec 5 (a); 1973 No 81, Fourth Sch; 1992 No 29, Sch 5; 1999 No 42, Sch 3.17 [1].
Sec 10 Am 1938 No 30, sec 5 (b); 1970 No 52, Second Sch (am 1972 No 41, Second Sch); 1979 No 189, Sch 1 (4); 2009 No 49, Sch 2.59 [3].
Sec 14 Am 1938 No 30, sec 5 (c); 1980 No 196, Sch 1; 1981 No 90, Sch 1; 1982 No 35, Sch 1 (1); 1983 No 204, Sch 1 (1); 1984 No 169, Sch 1; 1985 No 89, Sch 1 (1). Subst 1987 No 139, Sch 1 (1); 1997 No 102, Sch 1 [2].
Sec 14A Ins 1983 No 204, Sch 1 (2). Subst 1987 No 139, Sch 1 (1). Am 1987 No 209, Sch 37 (1); 1992 No 46, Sch 1; 1995 No 11, Sch 1.137; 1996 No 24, Sch 1.115 [1]-[6]; 1996 No 139, Sch 2.33. Subst 1997 No 102, Sch 1 [2].
Sec 14B Ins 1987 No 139, Sch 1 (1). Subst 1997 No 102, Sch 1 [2].
Sec 14C Ins 1987 No 139, Sch 1 (1). Am 1996 No 24, Sch 1.115 [7] [8]. Subst 1997 No 102, Sch 1 [2].
Sec 14D Ins 1987 No 139, Sch 1 (1). Am 1987 No 209, Sch 37 (2). Subst 1997 No 102, Sch 1 [2].
Secs 14DA, 14DB Ins 1997 No 102, Sch 1 [2].
Sec 14E Ins 1987 No 139, Sch 1 (1). Am 1988 No 131, Sch 25; 2009 No 49, Sch 2.59 [4].
Sec 14F Ins 1993 No 18, sec 3.
Sec 15 Am 1983 No 204, Sch 1 (3); 1987 No 139, Sch 1 (2); 1996 No 24, Sch 1.115 [9]. Rep 1997 No 102, Sch 1 [3].
Sec 16 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch). Rep 1997 No 102, Sch 1 [4].
Sec 18 Am 1987 No 139, Sch 1 (3); 2003 No 4, Sch 1.13.
Sec 19 Am 1997 No 102, Sch 1 [5]-[7].
Sec 20 Am 1938 No 30, sec 5 (d).
Sec 21 Am 1979 No 189, Sch 1 (5).
Sec 21A Ins 1982 No 35, Sch 1 (2). Am 1987 No 139, Sch 1 (4); 1992 No 46, Sch 1; 1996 No 24, Sch 1.115 [10] [11]; 1997 No 102, Sch 1 [8]-[10].
Sec 22 Am 1938 No 30, sec 5 (e); 1981 No 123, Sch 8; 2001 No 34, Sch 2.55.
Sec 24 Am 1983 No 204, Sch 1 (4); 1987 No 139, Sch 1 (5); 1997 No 102, Sch 1 [11].
Sec 26 Am 1938 No 30, sec 5 (f).
Sec 27 Am 1929 No 60, sec 2.
Sec 27A Ins 1929 No 60, sec 3. Rep 1984 No 43, Sch 1.
Secs 27B, 27C Ins 1929 No 60, sec 3.
Sec 28 Am 1938 No 30, sec 5 (g); 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 32A Ins 1938 No 30, sec 5 (h).
Sec 33 Am 1938 No 30, sec 5 (i).
Sec 36 Am 1982 No 148, Sch 2.
Sec 38 Am 1938 No 30, sec 5 (j).
Secs 39A, 39B Ins 1938 No 30, sec 5 (k).
Sec 43 Am 1970 No 60, First Sch.
Sec 44 Am 1938 No 30, sec 5 (l) (ii); 1970 No 60, First Sch; 1979 No 189, Sch 1 (6).
Sec 45 Am 1937 No 35, Second Sch; 1999 No 4, Sch 2.24 [1]-[3].
Sec 45A, heading Ins 1979 No 189, Sch 1 (7).
Sec 45A Ins 1979 No 189, Sch 1 (7). Am 2009 No 49, Sch 2.59 [3].
Sec 46, heading Am 1979 No 189, Sch 1 (8).
Sec 46 Am 1938 No 30, sec 5 (m); 1970 No 60, First Sch.
Sec 47, heading Ins 1979 No 189, Sch 1 (9) (a).
Sec 47 Am 1942 No 26, sec 8 (1); 1970 No 60, First Sch; 1979 No 189, Sch 1 (9) (b)-(f); 2009 No 49, Sch 2.59 [3] [5].
Sec 49 Am 1938 No 30, sec 5 (n).
Sec 50 Am 1996 No 24, Sch 1.115 [12].
Sec 51 Am 2009 No 49, Sch 2.59 [3].
Sec 53 Am 1985 No 89, Sch 1 (2); 1996 No 24, Sch 1.115 [13] [14]; 2006 No 58, Sch 3.19 [1] [2].
Sec 54 Am 1938 No 30, sec 5 (o); 1996 No 24, Sch 1.115 [15]-[18]; 2009 No 49, Sch 2.59 [4].
Sec 54A Ins 1938 No 30, sec 5 (p). Am 1996 No 24, Sch 1.115 [19].
Sec 60 Am 1976 No 97, Sch 1; 1992 No 34, Sch 1; 1993 No 46, Sch 1; 1995 No 62, Sch 2.9.
Sec 61 Am 2006 No 80, Sch 3.15 [2].
Sec 61A Ins 1938 No 30, sec 5 (q).
Sec 63 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch); 2006 No 58, Sch 3.19 [3].
Sec 64 Am 1938 No 30, sec 5 (r); 1940 No 32, sec 11 (b); 2009 No 49, Sch 2.59 [3].
Sec 65 Am 2009 No 49, Sch 2.59 [3].
Sec 67 Am 1983 No 28, Sch 1 (1). Subst 2003 No 53, Sch 4.6.
Sec 69 Rep 1969 No 31, Sch 2.
Sec 70 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch); 1999 No 94, Sch 4.168.
Sec 71 Am 1970 No 60, First Sch.
Sec 73 Rep 1970 No 60, First Sch.
Sec 74 Am 1970 No 60, First Sch.
Sec 75 Am 1972 No 17, sec 22.
Secs 76, 77 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 78 Am 1983 No 28, Sch 1 (2); 1992 No 29, Sch 5; 1999 No 42, Sch 3.17 [2].
Sec 80 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 82 Am 1970 No 60, First Sch; 1979 No 189, Sch 1 (10).
Sec 82A Ins 1938 No 30, sec 5 (s). Am 1970 No 60, First Sch; 1979 No 189, Sch 1 (11); 1996 No 100, Sch 1 [1] [2]; 2009 No 49, Sch 2.59 [3] [4].
Sec 83 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch); 1970 No 60, Sch 1; 1979 No 189, Sch 1 (12). Rep 1987 No 139, Sch 1 (6).
Sec 84 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch); 1970 No 60, First Sch.
Sec 85 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 88 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch); 2006 No 58, Sch 3.19 [3].
Sec 89 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 90 Rep 1970 No 52, Second Sch (am 1972 No 41, Second Sch). Ins 1997 No 102, Sch 1 [12].
Sec 90A Ins 1997 No 102, Sch 1 [12].
Sec 91 Subst 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 93 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 94 Rep 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 96 Am 1970 No 60, First Sch.
Sec 97 Am 1997 No 11, Sch 1.18.
Sec 98 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 101 Am 1937 No 35, Second Sch; 2006 No 80, Sch 3.15 [3]; 2009 No 49, Sch 2.59 [4].
Secs 102, 104 Subst 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Sec 104A Ins 1979 No 189, Sch 1 (13). Am 1987 No 48, Sch 32.
Sec 106 Rep 2006 No 120, Sch 2.103.
Sec 107 Ins 1997 No 102, Sch 1 [13].
Sch 1 (previously Sch), heading Subst 1997 No 102, Sch 1 [14].
Sch 1 (previously Sch) Renumbered 1997 No 102, Sch 1 [14].
Sch 2 Ins 1997 No 102, Sch 1 [15].
The whole Act Am 1999 No 31, Sch 5.110 [1] (each heading that is not a Part heading, Div heading, sec heading, Sch heading, cl heading or Column heading omitted).