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Public Trustee Act 1979
66Application by another person
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66 Application by another person
(1) Subject to this section, the Court may order, upon the application of
any person, that the Public Trustee ceases to be manager of
property under this Part.
(2) The Court may make an order under subsection (1) where it is
satisfied that:
(a) the applicant or some other person is lawfully entitled to the
property; or
(b) a period of not less than 7 years has elapsed since the Public
Trustee was appointed manager of the property and that
notwithstanding due inquiry, the owner of the property has not
been ascertained.
(3) Where the Court is satisfied that the applicant or some other person
is the owner of the property, the Court in making an order under
subsection (1) shall order that the property be transferred to the
owner of the property.
(4) Where the Court is satisfied that the owner cannot be ascertained
in accordance with subsection (2)(b), the Court shall order that the
property be converted into money and that the money be paid into
the Central Holding Authority.