TRUSTEE COMPANIES ACT 1984 - SECT 18 Application for consent
TRUSTEE COMPANIES ACT 1984 - SECT 18
Application for consent(1) An application may be made to the Supreme Court for consent under section 17.
(2) Notice of an intended application shall be advertised seven days before the making of the application in a daily newspaper circulating generally in Victoria.
(3) The Supreme Court may require any person resident in Victoria and entitled to the immediate receipt of any of the income or corpus of the estate in respect of which the application is made to be served with notice of the intended application.
(4) The costs of the application shall be in the discretion of the Supreme Court and may be ordered to be paid out of the estate.
(5) The consent of the Supreme Court shall not be given in the case of a will in which the testator has expressed the wish that the trusts should not be delegated or that a trustee company should not act.
S. 19 amended by No. 59/1986 s. 143(2), repealed by No. 17/2010 s. 7.
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S. 20 repealed by No. 17/2010 s. 7.
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S. 20A inserted by No. 84/1991 s. 17,
amended by Nos 35/1996
s. 453(Sch.
1 item 86.1(a)
(b)), 102/1997 s.
49(Sch.
item 7), substituted by No. 18/2005 s. 18(Sch. 1
item 110.1), amended by No. 17/2014 s. 160(Sch. 2 item 100.1).