Trustee Companies (Merger) Order 2003 (TAS)

In the Trustee Companies (Merger) Order 2003, the Attorney-General of Tasmania, Judy Jackson, exercised authority under section 12 of the Trustee Companies (Merger) Act 2001 to effect a name change for Tasmanian Trustees Limited, which became Tasmanian Perpetual Trustees Limited. The decision was made on 25 March 2003, and the order was gazetted on 2 April 2003. The order was administered by the Department of Justice and Industrial Relations in Tasmania.

The central legal issue in this matter was whether the Attorney-General had the requisite authority to approve the merger and the subsequent name change of the trustee company. The order required interpretation of relevant sections of the Trustee Companies Act 1953 and the Trustee Companies (Merger) Act 2001. The court had to determine whether the statutory requirements for effectuating the merger and the name change were met.

The court examined the statutory framework and found that the Attorney-General's power to approve the merger and name change was valid and correctly exercised. The order was consistent with the legislative provisions, and the necessary procedural steps were followed. Consequently, the court confirmed the legality and validity of the order, thereby approving the merger and the new name of the company.

The final orders included amending Schedule 2 of the Trustee Companies Act 1953 to reflect the change in name from Tasmanian Trustees Limited to Tasmanian Perpetual Trustees Limited. The order came into effect on the date of its gazette notification, 2 April 2003.