PUBLIC TRUSTEE ACT 1995 - SECT 31

PUBLIC TRUSTEE ACT 1995 - SECT 31

31—Information for investors or prospective investors in common fund

        (1)         The Public Trustee must, within four months after the end of each financial year, send to each investor (other than an estate) in a common fund an extract from the Public Trustee's annual report to the Minister for that financial year containing the information required under section 30(3).

        (2)         The Public Trustee must not accept money from a prospective investor (other than an estate) in a common fund unless the prospective investor has first been furnished with an extract from the Public Trustee's last annual report to the Minister containing the information required under section 30(3) together with any further information required to update the investor information contained in the report.