Corporations and Other Legislation Amendment (Trustee Companies and Other Measures) Act 2011 (24 of 2011)
Schedule 1 Trustee companies
Corporations Act 2001
22 After subsection 601WBA(2)
Insert:
(2A) Even if the Public Trustee of a State or Territory is not a company:
(a) the Public Trustee may still be specified as a receiving company for the purposes of a compulsory transfer determination; and
(b) references in this Part (however expressed) to:
(i) a company; or
(ii) the board of a company;
are taken to be references to that Public Trustee.