1 Name of Regulation
This Regulation is the Trustee Companies Regulation 2005.
2 Commencement
This Regulation commences on 1 September 2005.Note—This Regulation replaces the Trustee Companies Regulation 2000 which is repealed on 1 September 2005 by section 10 (2) of the Subordinate Legislation Act 1989.
3 Definitions
(1) In this Regulation:the Act means the Trustee Companies Act 1964.(2) Notes included in this Regulation do not form part of this Regulation.(3) (Repealed)cl 3: Am 2009 No 109, Sch 2.4 [1].
4 Small estates
(1) For the purposes of sections 15A and 15AA of the Act, a trustee company may file an election to administer an estate if the gross value of the estate in New South Wales is less than $100,000.(2) A notice of an election under section 15A or 15AA of the Act, or a notice under section 15AB of the Act, must state that the election has been made and may contain any other particulars of the election that the trustee company thinks fit.(3) A notice of an election under section 15A or 15AA of the Act must be published:(a) if the deceased person resided in New South Wales at the date of death—in a newspaper circulating in the area where the deceased resided, or(b) in any other case—in a Sydney daily newspaper.(4) This clause is taken to have commenced on 1 July 2009.cl 4 (previously cl 3A): Ins 2009 No 109, Sch 2.4 [2]. Renumbered 2009 No 109, Sch 2.4 [3].cl 4 (as originally made): Rep 2009 No 109, Sch 2.4 [3].
5–8 (Repealed)
cll 5: Rep 2009 No 109, Sch 2.4 [3].
cll 6: Rep 2009 No 109, Sch 2.4 [3].
cl 7: Am 2006 No 58, Sch 2.69 [1] [2]; 2006 No 120, Sch 2.105; 2007 No 82, Sch 2.23 [1] [2]. Rep 2009 No 109, Sch 2.4 [3].
cl 8: Rep 2009 No 109, Sch 2.4 [3].
Schedules 1, 2 (Repealed)
sch 1: Rep 2009 No 109, Sch 2.4 [4].
sch 2: Rep 2009 No 109, Sch 2.4 [4].