Trustee Companies Regulations 2004 (SA)

South Australia

Trustee Companies Regulations 2004

under the Trustee Companies Act 1988

Contents

1            Short title

2            Commencement

3            Interpretation

4            Returns to be made by trustee companies

5            Information for prospective investors in common funds

Schedule 1—Trustee Company Statement

Schedule 2—Revocation of Trustee Companies Regulations 1989

1Revocation of Trustee Companies Regulations 1989

Legislative history

1—Short title

These regulations may be cited as the Trustee Companies Regulations 2004.

2—Commencement

These regulations come into operation on the day on which they are made.

3—Interpretation

In these regulations, unless the contrary intention appears—

Act means the Trustee Companies Act 1988.

4—Returns to be made by trustee companies

For the purposes of section 17(1) of the Act—

(a)February and September are the prescribed months; and

(b)the form set out in Schedule 1 is the prescribed form.

5—Information for prospective investors in common funds

For the purposes of section 20(2)(b) of the Act, money is received by a trustee company for investment in a common fund in prescribed circumstances if the investor has been furnished with a prospectus that—

(a)satisfies the disclosure requirements of Chapter 6D of the Corporations Act 2001 of the Commonwealth; and

(b)contains the information specified in section 20(3)(a) of the Act; and

(c)contains a statement to the effect that copies of the documents referred to in section 20(3)(b) and (c) of the Act are available for inspection on request to the company.

Schedule 1—Trustee Company Statement

Schedule 2—Revocation of Trustee Companies Regulations 1989

1—Revocation of Trustee Companies Regulations 1989

The Trustee Companies Regulations 1989 are revoked.

Legislative history

Notes

•For further information relating to the Act and subordinate legislation made under the Act see the Index of South Australian Statutes or of regulations

The Trustee Companies Regulations 2004 were revoked by r 3 of the Trustee Companies Revocation Regulations 2010 on 20.12.2010.

Principal regulations

Year	No	Reference	Commencement
2004	172	Gazette 19.8.2004 p3285	19.8.2004: r 2