17Power of authorised person to attend on behalf of trustee company

17 Power of authorised person to attend on behalf of trustee company

(1)  [Section 17 Subsection (1) amended by No. 49 of 2010, s. 11, Applied:01 Jan 2011] Where the personal attendance of an executor, administrator, trustee, receiver, or committee is required in a court or elsewhere, a trustee company shall be entitled to make the attendance in the person of an authorised person of the company, and the personal duties of executor, administrator, trustee, receiver, or committee may be discharged, on behalf of a trustee company, by an authorised person thereof.

(2)  [Section 17 Subsection (2) amended by No. 49 of 2010, s. 11, Applied:01 Jan 2011] Where a trustee company obtains probate or letters of administration to be granted to the company, and where a trustee company is appointed and acts as a trustee, receiver, or committee, the authorised person of the trustee company and the directors of the trustee company are individually and collectively in their own persons responsible to the Court, and, in their own persons, are liable, by process of attachment, commitment for contempt, or by other process, to all courts having jurisdiction in that behalf, for the proper discharge of their duties and for obedience to the rules, orders, and decrees of those courts, in the same manner and to the same extent as if the authorised person and the directors had personally obtained probate or letters of administration or had acted as executor, administrator, trustee, receiver, or committee.

(3)  Nothing in subsection (2) limits or affects the operation of section 31 .