Trustee (Amendment) Act 2001 (Vic)

Trustee (Amendment) Act 2001

Act No. 60/2001

TABLE OF PROVISIONS

Section Page

1.	Purpose	1
2.	Commencement	1
3.	Repeal of Part 1C and Part 1D	2
4.	Consequential amendments	2
5.	Statute law revision	2

i

Victoria

No. 60 of 2001

Trustee (Amendment) Act 2001†

[Assented to 16 October 2001]

The Parliament of Victoria enacts as follows:

1. Purpose

The main purpose of this Act is to repeal Part 1C and Part 1D of the Trustee Act 1958.

2. Commencement

(1) Section 1 and this section come into operation on

the day after the day on which this Act receives

the Royal Assent.

(2) Subject to sub-section (3), the remaining

provisions of this Act come into operation on a
day or days to be proclaimed.

Trustee (Amendment) Act 2001

s. 3 Act No. 60/2001

(3) If a provision referred to in sub-section (2) does

not come into operation before 1 July 2002, it

comes into operation on that day.

3. Repeal of Part 1C and Part 1D

See:

Act No.	Part 1C and Part 1D of the Trustee Act 1958 are
6401	repealed.
Reprint No. 10
as at
5 November
1998
and amending Acts Nos 17/1988, 85/1998, 12/1999, 74/2000, 11/2001 and 44/2001. LawToday: dpc.vic. gov.au

4. Consequential amendments

In section 3(1) of the Trustee Act 1958, the
definitions of "mortgage-backed security" and

"mortgage investment certificate" are repealed.

5. Statute law revision

(1) In section 3(1) of the Trustee Act 1958, the

definitions of "building society" and "securities

payable to bearer" are repealed.

(2) In section 3(1) of the Trustee Act 1958, the

definitions of "guaranteed certificate" and

"recognized institution" are repealed.

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Trustee (Amendment) Act 2001

Act No. 60/2001 Endnotes

ENDNOTES

†

Minister's second reading speech—

Legislative Assembly: 19 September 2001

Legislative Council: 10 October 2001

The long title for the Bill for this Act was "to amend the Trustee Act
1958 and for other purposes."