Northern Territory Consolidated Regulations

PUBLIC TRUSTEE REGULATIONS - REG 4

For the purposes of section 97(7) of the Act:

        (a)     the capital in the common fund known as "Common Fund 1" is guaranteed; and

        (b)     the following rates of return for money held as cash in the common fund known as "Common Fund 1" are guaranteed:

            (i)     for trusts – 1% per annum less than the Reserve Bank of Australia cash rate;

            (ii)     for estates – 3% per annum less than the Reserve Bank of Australia cash rate.