Trustee Companies Act 1947

The Executive may make regulations for this Act.

Note Regulations must be notified, and presented to the Legislative Assembly, under the Legislation Act 2001.

The regulations may prescribe offences for contraventions of the regulations and prescribe maximum penalties of not more than 10 penalty units for offences against the regulations.

Dictionary

(see s 2)

Note 1 The Legislation Act contains definitions and other provisions relevant to this Act.

Note 2 For example, the Legislation Act, dict, pt 1, defines the following terms:

• Act

• appoint

• bank

• corporation

• Corporations Act

• Executive

• lawyer

• Minister (see s 162)

• person (see s 160)

• Supreme Court.

books—see the Corporations Act, section 9.

first valuation day, in relation to a common trust fund, means the day determined under section 25B (6) for the purpose of valuing the fund.

officer, of a trustee company, means an officer of the company under the Corporations Act.

Note Officer of a corporation is defined in the Corporations Act, s 9.

trustee company means a licensed trustee company within the meaning of the Corporations Act, chapter 5D.

Note A reference to a law (including a Cwlth Act) includes a reference to the Act as originally made and as amended (see Legislation Act, s 102).

valuation day, in relation to a common trust fund, means—

a day mentioned in section 25F (1) (a) (i) or (ii); or

any other day when, under section 25F (1) (b), a valuation of the fund is carried out.