Trustee Companies Act 1964 Proclamation amending the Act (2001-4) [GG No 10 of 12.1.2001, p 61] (NSW)

2001 No 4

Trustee Companies Act 1964 New South Wales

No 6—Proclamation

GORDON SAMUELS, Governor I, the Honourable Gordon Samuels AC, CVO, Governor of the State of New South Wales, with the advice of the Executive Council, and in pursuance of section 36AA of the Trustee Companies Act 1964, do, by this my Proclamation:

(a)	declare the Trust Company of Australia Limited to be a trustee company to which section 36A of that Act applies, and
(b)	amend the Second Schedule to that Act by omitting paragraph (b) from the matter relating to the Trust Company of Australia Limited.

Signed and sealed at Sydney, this 10th day of January 2001.

By His Excellency’s Command,

BOB DEBUS, M.P.,

Attorney General

GOD SAVE THE QUEEN!

Explanatory note

The object of this proclamation is to declare the Trust Company of Australia Limited, a trustee company named in the Second Schedule to the Trustee Companies Act 1964, to be a trustee company to which section 36A of the Act applies and to amend the Second Schedule to the Act to omit the requirement in paragraph (b) of the matter relating to the Trust Company of Australia Limited that the reserve liability of that company not be less than $256,000.

Published in Gazette No 10 of 12 January 2001, page 61	Page 1
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2001 No 4
Trustee Companies Act 1964 No 6—Proclamation

Section 36A of the Act provides that trustee companies to which that section applies must keep in force an approved policy of indemnity insurance with an approved insurer or must instead lodge an approved guarantee as an indemnity to secure payment of a prescribed amount.

BY AUTHORITY