(1) It shall be lawful for the Court to allow out of the assets of any deceased person to his executor administrator or trustee for the time being such commission or percentage not exceeding Five per centum for his pains and trouble as is just and reasonable.
In this section "executor" includes the executor of an executor becoming by representation the executor of the original estate.
S. 65(2) inserted by No. 17/2010 s. 18.
(2) Despite subsection (1), the commission or percentage allowed by the Court in respect of a licensed trustee company must not exceed the commission or percentage that a licensed trustee company may charge under Chapter 5D of the Corporations Act.
inserted by No. 41/2017 s. 16.