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TRUSTEE COMPANIES ACT 1964 - As at 6 July 2012 - Act 6 of 1964

- As at 6 July 2012 - Act 6 of 1964

Table of Provisions

PART 1 - PRELIMINARY

  • 1 Name of Act and commencement
  • 2. (Repealed)
  • 3 Interpretation

PART 2 - MANAGEMENT OF ESTATES BY TRUSTEE COMPANIES

  • 4 Trustee company may act as executor and obtain probate
  • 5 Person named as executor may authorise trustee company to take out administration c.t.a.
  • 6 Trustee company may be authorised to obtain letters of administration
  • 7. (Repealed)
  • 8 Trustee company may act as administrator notwithstanding its incorporation
  • 9 Court to act on affidavit of managing director etc
  • 10 Assets of trustee company liable for proper administration of estates
  • 11 Company may be appointed trustee, receiver, committee, manager or guardian
  • 12 Property vested in trustee company and another as trustees to be held jointly
  • 13 Trustee company may act under power of attorney by managing director etc
  • 14 Power to delegate trusts to trustee company
  • 15 Power to appoint trustee company to discharge duties of executor etc
  • 15A Election to administer where no previous executor or administrator
  • 15AA Election to administer where previous executor or administrator
  • 15AB Estate not small estate
  • 15AC Discovery of later will
  • 15AD Notice and form of elections and notices
  • 15B Maintenance etc of minor or incapable person
  • 15C General powers of trustee company
  • 16. (Repealed)
  • 17 Contributory investments
  • 17A-19F. (Repealed)
  • 20 Removal from office
  • 20A-25. (Repealed)
  • 26 Unclaimed moneys
  • 27 Applications by persons entitled to trust funds
  • 28 Treasurer may apply for account
  • 29-29E. (Repealed)
  • 30 Applications to Court
  • 31 Managing director and others may represent trustee company

PART 3 - (Repealed)

None

PART 4 - MISCELLANEOUS

  • 32 Recovery of penalties
  • 32A Certificate evidence
  • 32B. (Repealed)
  • 33 Settlors or testators may appoint own solicitors
  • 34 Other companies may apply for similar powers
  • 34A Transfer determinations
  • 34B Exemption from State tax
  • 35-36B. (Repealed)
  • 37 Regulations
  • 37A. (Repealed)
  • 38 Repeal of Act does not affect operation of savings and transitional provisions

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