92DCourt’s control of judicial trustee

92D Court’s control of judicial trustee

(1) A judicial trustee is subject to the control of the Federal Court. (2) In addition to duties imposed by this Division, a judicial trustee has such duties as the Federal Court directs. (3) A judicial trustee may apply to the Federal Court at any time for instructions: (a) as to the way in which the judicial trusteeship should be conducted; or (b) in relation to any matter arising during the judicial trusteeship. (4) Before applying to the Federal Court for instructions, the judicial trustee must: (a) inform APRA that he or she intends to make the application; and (b) give APRA written details of the application. (5) APRA is entitled to be heard on the application. (6) The Federal Court must not give a direction or an instruction under this section that is inconsistent with the fund’s trust deed.