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Public Trustee Act 1979
50Public subscriptions to funds, &c.
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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.