New South Wales Consolidated Acts

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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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