Court’s control of judicial trustee
92D Court’s control of judicial trustee
A judicial trustee is subject to the control of the Federal Court.
In addition to duties imposed by this Division, a judicial trustee has such duties as the Federal Court directs.
A judicial trustee may apply to the Federal Court at any time for instructions:
as to the way in which the judicial trusteeship should be conducted; or
in relation to any matter arising during the judicial trusteeship.
Before applying to the Federal Court for instructions, the judicial trustee must:
inform APRA that he or she intends to make the application; and
give APRA written details of the application.
APRA is entitled to be heard on the application.
The Federal Court must not give a direction or an instruction under this section that is inconsistent with the fund’s trust deed.
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