Public Trustee Regulations 2019
Part 4Particular charges
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Part 4 Particular charges
1. The maximum rate of commission chargeable on the capital or income of an estate, realised by a former executor, administrator, trustee or person acting in a fiduciary capacity and subsequently vested in the Public Trustee, is 2% of the capital or income of the estate.
2. If the assets of an estate or matter are administered or dealt with by the Public Trustee in more than one capacity, or an asset consists of a share in another estate administered by the Public Trustee, the maximum charge on the second or subsequent administration or dealing of the asset is 2% of the asset.
3. The maximum rate of capital commission chargeable on capital received by the Public Trustee as attorney or agent, or on property dealt with by the Public Trustee in any way in that capacity, is the sum of –
(a) 4.09% on the first $200 000 of the capital or part of that amount; and
(b) 3.18% on the next $200 000 of the capital or part of that amount; and
(c) 2.27% on the next $200 000 of the capital or part of that amount; and
(d) 1.36% on the capital in excess of $600 000.