16Separate accounts for businesses of estate

16 Separate accounts for businesses of estate (1) Nothing in section 14 shall prevent the Public Trustee from opening or keeping open or operating a separate account in connection with a business carried on by him or her for the benefit of any estate being administered by him or her. Part IV Accounts Public Trustee Act 1979 8 (2) An account mentioned in subsection (1) may be opened with any ADI or with any institution approved by the Attorney-General and the receipts of the business for which the account is opened may be deposited in and the outgoings of the business may be paid from the account.