• Specific Year
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TRUSTEE COMPANIES ACT 1987

Table of Provisions

PART I -- Preliminary  

  • 1 Short title
  •  
  • 2 Commencement
  •  
  • 3 Terms used

PART II -- Powers and duties of trustee companies  

  • 5 Trustee company may act as executor and obtain probate
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  • 6 Person entitled to probate may authorise trustee company to obtain administration with will annexed
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  • 7 Person entitled to administration with will annexed may authorise trustee company to obtain administration with will annexed
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  • 8 Person entitled to administration on intestacy may authorise trustee company to obtain administration
  •  
  • 9 Trustee company may act as administrator
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  • 10 Trustee company may elect to administer small estates without grant of probate or administration
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  • 11 Rights of interested persons not prejudiced by grant to trustee company
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  • 12 Trustee company may be appointed trustee, receiver etc.
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  • 13 Trustee company may act under power of attorney
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  • 14 Executor etc. may appoint trustee company to act instead
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  • 15 Executor etc. may appoint trustee company to discharge duties
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  • 16 Who may represent trustee company in court etc.
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  • 17 Trustee company may be removed from office etc. as executor etc.
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  • 27 Unclaimed estate property, how trustee company to deal with

PART III -- Transfer of estate assets and liabilities

Division 1 -- Preliminary  

  • 28 Terms used in Corporations Act have the same meaning in this Part

Division 2 -- Compulsory transfers  

  • 29 Compulsory transfer if trustee company’s licence cancelled
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  • 30 Certificates evidencing operation of this Division
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  • 31 Registration or record of transfer
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  • 32 Exemption from State tax

Division 3 -- Voluntary transfers  

  • 33 Voluntary transfers, regulations about

Division 4 -- Relationship of Part with other laws  

  • 34 Relationship of Part with other laws

PART VII -- Miscellaneous  

  • 38 Trust funds held by trustee company may be pooled for investment
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  • 41 Costs of applications made under this Act
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  • 43 False or misleading statements in documents
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  • 44 Criminal liability of trustee company officers
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  • 45 Regulations

PART VIII -- Transitional provisions for the Trustee Companies (Commonwealth Regulation) Amendment Act 2011  

  • 46 Term used: amending Act
  •  
  • 47 Transitional provisions
  •  
  • 48 Regulations for transitional matters
  • Defined terms

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