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TRUSTEE COMPANIES ACT 1964 - SECT 21
Court may order account
21 Court may order account
(1) Any trustee, cestui que trust, executor, legatee, administrator, spouse,
next of kin, creditor or minor entitled to or interested in any estate which
is for the time being under the management or control of a trustee company,
who is, upon application to the managing director or manager of the
trustee company, unable to obtain a sufficient account of the property and
assets of which such estate consists and of the disposal and expenditure
thereof or thereout, may apply to the Court for an account.
(2) If the Court
is of opinion that sufficient account has not been rendered by the
trustee company, the Court shall order such account to be rendered by the
trustee company as to the Court shall seem just.
(3) If the Court is of
opinion that no sufficient case has been established to require the
trustee company to furnish an account or that a sufficient account had been
furnished, the Court may dismiss the application.
(4) The Court may make such
order as to costs either against the trustee company or against the applicant
or as to payment of costs out of the estate as it thinks fit.
(5) In this
section:
"spouse" includes a party to a de facto relationship within the meaning of the
Property (Relationships) Act 1984 .
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