Corporations Regulations 2001

CHAPTER 5D - LICENSED TRUSTEE COMPANIES  

PART 5D.1 - PRELIMINARY  

REGULATION 5D.1.01A   MEANING OF TRUSTEE COMPANY  

5D.1.01A(1)    
For subsection 601RAB(1) of the Act, a company that is listed in Schedule 8AA is a trustee company for the purpose of the Act.

5D.1.01A(2)    
A company that performs the function of the Public Trustee of a State or Territory may only be listed in Schedule 8AA if:


(a) the State or Territory requests the Minister to prescribe the company as a trustee company; and


(b) the Minister agrees to the request.




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