TRUSTEE COMPANIES ACT 1988

South Australian Consolidated Acts

TABLE OF PROVISIONS

Long Title

PART 1--Preliminary

1. Short title
3. Interpretation

PART 2--Powers of trustee companies

4. Trustee company may act as executor or administrator
5. Trustee company may act as trustee, agent, attorney, manager or receiver
6. Trustee company may act for children or persons who are unable to manage their affairs
7. Officers may represent or make affidavits etc for company
8. Trustee company may act jointly
9. Commission chargeable by trustee company
10. Fee for administering perpetual trust
11. Additional remuneration
12. Court may review company's charges
13. Investment of trust funds
14. Money from several estates may be invested as one fund
15. Common funds
15A. Notice to be given on initial change in investment of common fund
15B. Provision of reasons for certain investments
16. Power of trustee company acting in representative capacity to hold its own shares etc
16A. Recovery of GST

PART 3--Duties and liabilities of trustee companies

17. Returns to be made by trustee company
18. Minister may require information etc
19. Accounts, audits and information for investor etc in common funds
20. Information for prospective investors in common funds
21. False or misleading statements as to common fund
22. Trustee company may be required to provide account in relation to estate
23. Directors and managers responsible to the Court
24. Trustee company may be removed from office
25. Appointment by Court of administrator of trustee company's affairs

PART 4--Miscellaneous

26. False or misleading statements
27. Offences by trustee companies
28. Evidentiary provision
29. Act not to affect other Acts or remedies
30. Summary offences
31. Regulations
SCHEDULE 1--Trustee companies
SCHEDULE 2--Repeal of certain Acts and transitional provision
Legislative history