New South Wales Consolidated Acts

TRUSTEE COMPANIES ACT 1964 - SECT 28

28 Treasurer may apply for account

(1) The Treasurer may, after demand in writing made to the managing director, manager or assistant manager of a trustee company for a sufficient account of the property and assets of which any estate included in or which ought to be or to have been included in the statement of unclaimed moneys consists and of the disposal and expenditure thereof, apply to the Court for an account.

(2) If the Court is of opinion that no sufficient account has been rendered by the trustee company, the Court shall order such account to be rendered by the trustee company as to the Court seems fit, or if the Court is of opinion that in the circumstances the trustee company was not bound to furnish any account, or that any account furnished by the trustee company was sufficient, the Court may dismiss the application.

(3) The Court may make such order as to costs either against the trustee company or as to payment of costs out of the estate as the Court thinks fit.