50Public subscriptions to funds, &c.

50 Public subscriptions to funds, &c. (1) Where a fund is raised by public or private subscription for the benefit or relief of any person or class of person, the person responsible for the raising of the fund may, with the consent of the Public Trustee or by leave of the Court, deposit the fund with the Public Trustee for administration upon such terms and conditions as may be agreed between that person and the Public Trustee or as may be ordered by the Court. (2) The Public Trustee may, at any time, apply to the Court for directions for the administration of the fund administered by him or her under this section. (3) The Public Trustee shall administer a fund established under this section in accordance with the agreed or approved terms. (4) The Attorney-General may apply to the Court for confirmation or variation of the terms of a fund administered by the Public Trustee under this section.