Public Trustee definition
Examples of Public Trustee in a sentence
In other matters, valuation is either at the date the Public Trustee was appointed manager, administrator, new trustee or at the date of acquisition.
The Trustee shall, as and when required by law, and may at any time prior to such required time, pay all or part of such interest or other distributable amount so held to the Public Trustee (or other appropriate Government official or agency) whose receipt shall be a good discharge and release of the Trustee.
Where estimates are made, appropriate Public Trustee personnel assess the value at time of inspection.
Public Trustee’s entitlement to fees and expenses (1) The Public Trustee is entitled to charge as remuneration for the functions and services referred to in section 38A(1) fees not exceeding those fixed from time to time by the Public Trustee and set out in the latest published scale of fees before the Public Trustee commences to perform the function or provide the service.
Appointment of Trustee• The policy owner may appoint an Individual or Corporate Trustee for the policy monies.• Where no Trustee is appointed, the nominee who is competent to contract, or where the nominee is incompetent to contract, the parent of the incompetent nominee and where there is no surviving parent, the Public Trustee shall be the trustee of the policy monies.