Northern Territory Consolidated Acts

PUBLIC TRUSTEE ACT

TABLE OF PROVISIONS

           Long Title

           Part I Preliminary
   1.      Short title
   2.      Commencement
   3.      Repeal
   4.      Savings
   4A.     Objectives of Act
   5.      Definitions
   6.      Act to bind Crown
           Part II Administration
   8.      Appointment of Public Trustee
   9.      Public Trustee for the Northern Territory
   10.     Agent of Public Trustee
   11.     Secrecy
           Part III Public Trustee Investment Board
   12.     Public Trustee Investment Board
   13.     Delegation by Investment Board
           Part IV Accounts
   14.     Accounts of Public Trustee
   15.     Receipt of moneys
   16.     Separate accounts for businesses of estate
   17.     Separate accounts for particular estates
   18.     Report
   19.     Audit and report by Auditor-General
   20.     Furnishing of information to Auditor-General
   20A.    Provision of information to beneficiaries of estate or trust
   20B.    Provision of account during administration of estate
           Part V Investment of estate funds and common funds
   21.     Investment of money
   22.     Money from several estates and trusts may be invested as single fund
   23.     Establishment of common funds
   24.     Operation of common funds
   24A.    Management fees
   24B.    Accounts, audits and reports in respect of common funds
   24C.    Information for investors and prospective investors in common fund
   25.     Sale by Public Trustee
   26.     Public Trustee may buy in, &c.
   27.     Common fund may borrow
   28.     Payments to and indemnity from Territory
   29.     Minors
   30.     Loans to estates from common fund
   31.     Advances to beneficiaries or estates
           Part VI Acquisition of the right to administer estates
   32.     Public Trustee may be appointed trustee, &c.
   33.     An executor, &c., may appoint Public Trustee
   34.     Public Trustee may administer estate of intestate person
   36.     Public Trustee may act as sole trustee
   37.     Court may give consent
   38.     Public Trustee to have powers of executor, &c., where appointed in substitution
   39.     Public Trustee may apply for probate after 3 months
   40.     Proof of death testacy or intestacy
   41.     Public Trustee may act as agent for reseal
   42.     Court may direct Public Trustee to act on behalf of a person
   43.     Public Trustee entitled to costs
   44.     Caveat
   45.     Trustees may delegate to Public Trustee
   48.     Public Trustee may object
   49.     Indemnity where bona fide mistake as to death, &c.
   50.     Public subscriptions to funds, &c.
   51.     Notice of application to be served
   52.     Refusal to accept by Public Trustee
           Part VIII Unclaimed property
   58.     Appointment of Public Trustee as manager
   59.     Public Trustee may apply
   59A.    Public Trustee to be deemed manager
   60.     Powers as manager
   61.     Payment for improvements
   62.     Application for directions
   63.     Unclaimed moneys part of the common fund
   64.     Commission, &c., a charge
   65.     Money to be held for owner
   66.     Application by another person
   67.     Payment of claim
   67A.    Bona vacantia
           Part IX Miscellaneous
   69.     Application to Court by Public Trustee
   70.     Administration of Public Trustee may be referred to Court
   71.     Payments, &c., to Public Trustee pursuant to court orders
   72.     General power
   72A.    Certificate of Public Trustee
   73.     Public Trustee may act on information
   74.     Commissions, fees, charges and expenses
   75.     Public Trustee may sue Public Trustee acting in another capacity
   76.     Auctions
   77.     Advertising for claims
   78.     Intestate distributions
   79.     Balance of estates held on trust
   81.     Infants
   83.     Insurance premiums
   84.     Payment of small amounts
   86.     Failure to deliver, &c.
   87.     Execution under power of attorney
   88.     Wills
   89.     Safe custody
   90.     No inquiry by purchaser, &c., as to powers, &c.
   91.     No notice of trust
   92.     Public Trustee may contract with Public Trustee in another capacity
   93.     Certain covenants void
   94.     Actions outside Australia
   95.     Dealings with other Public Trustees, &c.
   96.     No bond required
   97.     Liabilities, indemnities and guarantees
   98.     Service of notices
   99.     Public Trustee to have the powers, &c., of natural person
   100.    Execution of deeds, &c.
   101.    Regulations
           Schedule 1
           Schedule 2 South Australian Act no longer in force in the Territory
           ENDNOTES