Queensland Consolidated Acts

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PUBLIC TRUSTEE ACT 1978 - SECT 52

52 Co-trustee may receive income

The public trustee may, if the special circumstances of the case appear to the public trustee to render it desirable, pay to the public trustee's co-trustee or allow the public trustee to receive the income of the estate or any part thereof, on such co-trustee undertaking to apply it in the manner directed by the instrument creating the trust.



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