Trustee Companies Act 1953
36Power of Court to make order for account on application of Public Trustee
Start here
Get a plain-English read of 36
Turn the raw legal text into a practical explanation grounded in Trustee Companies Act 1953.
36 Power of Court to make order for account on application of Public Trustee
[Section 36 Inserted by No. 36 of 1958, s. 4 and Sched. 4 ]
(1) [Section 36 Subsection (1) amended by No. 49 of 2010, s. 21, Applied:01 Jan 2011] *[Section 36 Subsection (1) amended by No. 20 of 1995, s. 5 and Sched. 3 ]*If the Public Trustee is unable, on application to a trustee company, to obtain a sufficient account of the property and assets of an estate that is, or in its opinion ought to have been, included in a statement under section 34 , the Public Trustee may, after notice to the company, apply to the Court for an account.
(2) If, on the hearing of an application under this section, the Court is of the opinion that no sufficient account has been rendered by the trustee company, the Court may order an account to be rendered within such time as it may fix in that behalf, or if the Court is of the opinion that a sufficient case to require the company to furnish an account has not been made out it may dismiss the application.
(3) On the hearing of an application under this section the Court may make such order as to costs as it thinks fit.