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s 39

Remuneration and expenses of Public Trustee

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Part 6Unclaimed property

39 Remuneration and expenses of Public Trustee

(1)

Expenditure incurred by the Public Trustee as manager of property under this Part and all commission, fees, costs and expenses incurred by or payable to the Public Trustee as manager of property under this Part are a charge on the property that will come next in priority to any mortgage or charge to which the property was subject when the Public Trustee became manager.

(2)

The amount for the time being so charged on the property bears interest at a rate fixed from time to time by the Public

Trustee.

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