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Trustee Act 1925
60Distribution after notice
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60 Distribution after notice
(1) Where a trustee intends to convey or distribute any property to or
among the persons entitled to it, he or she may give the requisite
notice of his or her intention so to convey or distribute the property.
(2) For subsection (1), the requisite notice is a public notice and such
other notice or notices (if any) published within or outside the ACT
as may be given under the Administration and Probate Act 1929,
section 64 in the case of an intended distribution of assets by an
Note Public notice means notice on an ACT government website or in a daily
newspaper circulating in the ACT (see Legislation Act, dict, pt 1).
(3) The notice shall require any person interested to send particulars of
his or her claim in respect of the property or any part of it to which
the notice relates to the trustee within the time, not being less than
1 month, fixed in the notice or when more than 1 notice is given in
the last of the notices.
(4) At the expiration of the time fixed by the notice the trustee may
convey or distribute the property or any part of it to or among the
persons entitled to it, having regard only to the claims, formal or
otherwise, of which he or she then had notice.
(5) If the requisite notice has been given, the trustee shall not, as respects
the property conveyed or distributed, be liable to any person of whose
claim the trustee has not had notice at the time of the conveyance or
distribution.
(6) Nothing in this section shall prejudice the right of any person to
follow the property, or any property representing the same, into the
hands of any person who may have received the same.