QLDIn ForceAct
Public Trustee Act 1978
sec.19AApplication of particular amounts
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### sec.19A Application of particular amounts
This section applies to—
fees and charges received by the public trustee; and
interest earned on amounts invested under section 19 and paid into the common fund.
The public trustee must apply the amounts—
first, to pay interest to the estates whose funds formed part of the amounts invested; and
after paying the interest, towards operating and capital expenses of the public trust office.
s 19A ins 2002 No. 34 s 45
(sec.19A-ssec.1) This section applies to— fees and charges received by the public trustee; and interest earned on amounts invested under section 19 and paid into the common fund.
(sec.19A-ssec.2) The public trustee must apply the amounts— first, to pay interest to the estates whose funds formed part of the amounts invested; and after paying the interest, towards operating and capital expenses of the public trust office.
- (a) fees and charges received by the public trustee; and
- (b) interest earned on amounts invested under section 19 and paid into the common fund.
- (a) first, to pay interest to the estates whose funds formed part of the amounts invested; and
- (b) after paying the interest, towards operating and capital expenses of the public trust office.