Remuneration of professional administrators
48 Remuneration of professional administrators
An administrator for an adult is entitled to remuneration from the adult if the tribunal makes an order that the administrator is to be remunerated by the adult.
The tribunal may make an order under subsection (1) only if the administrator carries on a business providing professional services.
The remuneration may not be more than the amount the tribunal considers fair and reasonable, having regard to—
the nature and complexity of the service; and
the care, skill and specialised knowledge required to provide the service; and
the responsibility displayed in providing the service; and
the time within which the service was provided; and
the place where, and the circumstances in which, the service was provided.
Nothing in this section affects the right of the public trustee or a trustee company to remuneration or commission under another Act or the Corporations Act.
This Act’s bill:Explanatory memorandum
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.