New South Wales Consolidated Acts

TRUSTEE COMPANIES ACT 1964 - SECT 20A

20A Trustee company not required to file accounts

(1) A trustee company, when acting alone in relation to any estate, is not required to file or file and pass accounts relating to the estate unless the Court, of its own motion or on application by or on behalf of some person interested in the estate, so orders.

(2) Where a trustee company is appointed and acts jointly with any other person in relation to any estate, the trustee company and that other person are not required to file or file and pass accounts relating to the estate unless that other person desires to claim commission for his or her pains and trouble or unless the Court, of its own motion or on application by or on behalf of some person interested in the estate, so orders.

(3) This section applies to estates committed to the administration or management of a trustee company before the commencement of this section and to estates so committed after that commencement.