PUBLIC TRUSTEE ACT 1995 - SECT 13

PUBLIC TRUSTEE ACT 1995 - SECT 13

13—Administration of trust estate

        (1)         The Court may, on the application of a person holding property in trust for any person or purpose, make an order authorising the Public Trustee to receive and administer the property.

        (2)         The order may be made whenever or however the trust may have been created or arisen.

        (3)         The Court may order that the costs and expenses of and incidental to the application be paid from the trust property, or by the person making the application, and, if the property is held in trust for public or charitable purposes, may, if it thinks fit, direct that no Court fees are payable.