601TBA
In forceCharging of fees for the provision of traditional trustee company services
Volume 3Chapter 5A, Part 5A.1 to Chapter 6D, Part 6D.5 sections 601 to 742
Chapter 5DLicensed trustee companies
Part 5D.3Regulation of fees charged by licensed trustee companies
Division 2General provisions about charging fees
601TBA Charging of fees for the provision of traditional trustee company services
(1)
Subject to this Part, a licensed trustee company may charge fees for the provision of traditional trustee company services.
(2)
If a provision of this Part limits the fees that a licensed trustee company may charge for the provision of a particular traditional trustee company service, the trustee company must not charge fees for that service in excess of that limit.
Note 1:
Failure to comply with this subsection is an offence (see subsection 1311(1)).
Note 2:
Excess fees may also be recovered under section 601XAA.
This Act’s bill:Explanatory memorandumSecond reading speech
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