Queensland Consolidated Acts

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PUBLIC TRUSTEE ACT 1978 - SECT 19A

19A Application of particular amounts

(1) This section applies to--

(a) fees and charges received by the public trustee; and
(b) interest earned on amounts invested under section 19 and paid into the common fund.

(2) The public trustee must apply the amounts--

(a) first, to pay interest to the estates whose funds formed part of the amounts invested; and
(b) after paying the interest, towards operating and capital expenses of the public trust office.


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