Public Trustee Act 1979

All expenditure incurred by the Public Trustee as manager of any property under this Part and all fees, costs, commission, charges, interests and expenses incurred by, or payable to, the Public Trustee as manager of any property under this Part shall be a charge on the property which charge shall rank next in priority to any mortgage or charge to which the property is subject when the Public Trustee is appointed as manager.

The amount of money for the time being charged on the property under subsection (1) shall bear interest at a rate fixed from time to time by the Public Trustee.