New South Wales Consolidated Acts New South Wales Consolidated ActsWhere a trustee company:
(a) is entitled by virtue of section 18 to receive commission in respect of the corpus or capital value of an estate, or
(b) would be so entitled to receive that commission but for the fact that any or all of the assets of the estate have not been realised, as referred to in that section,the following provisions have effect:
(c) that commission may, subject to paragraph (d), be paid out of the estate at any time after the estate was committed to the administration or management of the trustee company, and
(d) while any or all of the assets remain to be so realised, the commission which may be so paid out shall not exceed the commission which would be payable if those assets were so realised for an amount equal to the amount of their value at the time the estate was so committed, the amount of commission paid out, whether before or after the commencement of section 2 of the Trustee Companies (Amendment) Act 1972 , being adjusted when those assets respectively are so realised.