s 14

Accounts of Public Trustee

In force

(1) The Public Trustee must establish an account to be known as the Public Trustee's Dividend Account at an ADI approved by the Treasurer.

(2) The Public Trustee may establish additional accounts at an ADI or ADIs approved by the Treasurer.

(3) The Public Trustee must pay into the Public Trustee's Dividend Account:

(a)

any fees received under section 24A; and

(b)

any levies received under section 28.

(4) The Public Trustee must pay into the Central Holding Authority the money in the Public Trustee's Dividend Account when directed by the Treasurer.

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