Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 601SBA

Licensed trustee company not required to file accounts

             (1)  A licensed trustee company, when acting alone in relation to any estate of a deceased person, is not required to file, or file and pass, accounts relating to the estate unless the Court , of its own motion or on application by or on behalf of a person with a proper interest in the estate, so orders.

             (2)  If a licensed trustee company is appointed and acts jointly with any other person in relation to any estate of a deceased person, the trustee company and that other person are not required to file, or file and pass, accounts relating to the estate unless:

                     (a)  that other person intends to charge fees for acting in relation to the estate; or

                     (b)  the Court, of its own motion or on application by or on behalf of a person with a proper interest in the estate, so orders.



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