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These regulations may be cited as the Trustee Companies Regulations 2016 .
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Tasmania regulation
These regulations set two fixed dollar thresholds used by section 10A of the Trustee Companies Act 1953: $80,000 (for s10A(1)(c)) and $85,000 (for s10A(6)(a)). They commenced on 27 September 2016 and are administered by the Department of Justice. The practical effect is that trustee companies, trustees and parties applying s10A must use these prescribed amounts when determining whether particular statutory rules or requirements in s10A apply.
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Direct links to the current provisions in Trustee Companies Regulations 2016.
These regulations may be cited as the Trustee Companies Regulations 2016 .
These regulations take effect on 27 September 2016.
In these regulations –
Act means the Trustee Companies Act 1953 .
(1) For the purposes of section 10A(1)(c) of the Act, the prescribed amount is $80 000.
(2) For the purposes of section 10A(6)(a) of the Act, the prescribed amount is $85 000.
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 27 September 2016
These regulations are administered in the Department of Justice.
Sourced from Tasmanian Legislation Online (legislation.tas.gov.au), CC BY 4.0.
These regulations may be cited as the Trustee Companies Regulations 2016 .
These regulations take effect on 27 September 2016.
In these regulations –
Act means the Trustee Companies Act 1953 .
(1) For the purposes of section 10A(1)(c) of the Act, the prescribed amount is $80 000.
(2) For the purposes of section 10A(6)(a) of the Act, the prescribed amount is $85 000.
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 27 September 2016
These regulations are administered in the Department of Justice.