New South Wales Consolidated Acts

TRUSTEE COMPANIES ACT 1964 - SECT 5

5 Person named as executor may authorise trustee company to take out administration c.t.a.

Any person named expressly or by implication as executor who would be entitled to obtain probate of the will of any testator without leave being reserved to any other person to apply for probate may, instead of applying for probate, authorise a trustee company to apply for administration with the will annexed and a grant of administration with the will annexed may be made to the trustee company upon its own application when so authorised unless the testator by the will directed or intimated that the office of executor should not be delegated or that a trustee company should not act in the trusts of the will.