Public Trustee Act 1930 (Tas)

Public Trustee Act 1930

An Act to consolidate and amend the law relating to the constitution and regulation of The Public Trustee [Royal Assent 23 December 1930]

Be it enacted by His Excellency the Governor of Tasmania, by and with the advice and consent of the Legislative Council and House of Assembly, in Parliament assembled, as follows:

PART I - Preliminary

1. Short title This Act may be cited as the Public Trustee Act 1930 .

2. . . . . . . . .

3. Interpretation (1) In this Act, unless the contrary intention appears – bank means an authorised deposit-taking institution that is authorised under a law of the Commonwealth to carry on banking business and to call itself a bank; Board has the same meaning as in the Government Business Enterprises Act 1995 ; chief executive officer has the same meaning as in the Government Business Enterprises Act 1995 ; common fund means the common fund of the Public Trustee created by this Act; Court means the Supreme Court; director has the same meaning as in the Government Business Enterprises Act 1995 ; employee has the same meaning as in the Government Business Enterprises Act 1995 ; estate means any property under administration or held, managed, or controlled by the Public Trustee in any capacity whatsoever; executor or administrator includes administrator with the will annexed for general, special, or limited purposes; function includes duty; group investment fund means a group investment fund established under section 50A ; investment committee means the investment committee established as required by section 37 ; probate or letters of administration includes letters of administration with the will annexed for general, special, or limited purposes; Public Trustee means The Public Trustee established under section 4 ; Registrar means the Registrar of the Supreme Court; spouse, in relation to a person, includes the person who is in a significant relationship, within the meaning of the Relationships Act 2003 , with that person; trust instrument includes an order of a court that gives rise to a trust. (2) . . . . . . . .