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Public Trustee Act 1979
65Money to be held for owner
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65 Money to be held for owner
(1) Where the Public Trustee acts under this Part and takes
possession of property or receives or recovers any money,
damages or mesne profits in respect of any property under this
Part, the property, money, damages or mesne profits shall, after
payment of all moneys authorized to be applied or expended or
charged by the Public Trustee, be held by the Public Trustee for the
owner of the property.
(2) The Public Trustee may pay any money received under
subsection (1) to the Central Holding Authority and if any person
establishes to the satisfaction of the Treasurer that he or she has a
claim to that money the Treasurer shall meet the claim out of
money legally available for that purpose.
Part VIII Unclaimed property
Public Trustee Act 1979 31