Public Trustee Act 1930

The Public Trustee shall, in respect of each group investment fund – pay or allocate the income of that fund proportionately to or among the estates and principals entitled to the amounts invested in the fund according to the amounts of their several interests in the fund and the period for which they remain invested in the fund; and hold the capital of the fund proportionately for the estates and principals entitled to the amounts invested in the fund according to the amounts of their several interests in the fund.