Public Trustee Amendment Regulation 2008 (NSW)

2008 No 555

New South Wales

Public Trustee Amendment Regulation

2008

under the

Public Trustee Act 1913

His Excellency the Lieutenant-Governor, with the advice of the Executive Council, has made the following Regulation under the Public Trustee Act 1913.

JOHN HATZISTERGOS, M.L.C.,

Attorney General

Explanatory note
The Public Trustee Regulation 2008 (the Principal Regulation) currently provides that the trust fee to which the Public Trustee is entitled in respect of a long-term trust (being a trust, other than a charitable trust, committed to its administration or management for 2 years or more) may be paid wholly from the corpus or capital of the trust property or partly from the corpus or capital of the trust property and partly from the income of the trust property.

The object of this Regulation is to amend the Principal Regulation to provide that this trust general regulation-making power).

fee may also be paid wholly from the income of the trust property.

Published in Gazette No 155 of 5 December 2008, page 11731	Page 1
2008 No 555
Clause 1	Public Trustee Amendment Regulation 2008

Public Trustee Amendment Regulation 2008

under the

Public Trustee Act 1913

1      Name of Regulation

This Regulation is the Public Trustee Amendment Regulation 2008.

2 Amendment of Public Trustee Regulation 2008

The Public Trustee Regulation 2008 is amended by inserting “, or wholly from the income,” after “corpus or capital” where firstly occurring in clause 15 (5).

BY AUTHORITY