PUBLIC TRUSTEE ACT 1906 - SECT 9 Fees charged by public trustee.

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PUBLIC TRUSTEE ACT 1906 - SECT 9

Fees charged by public trustee.

9.(1) There shall be charged in respect of the duties of the public trustee
such fees, whether by way of percentage or otherwise, as the Treasury with the
sanction of the Lord Chancellor may fix, and such fees shall be collected and
accounted for by such persons, and in such manner, and shall be paid to such
account, as the Treasury direct.

(2) Any expenses which might be retained or paid out of the trust property if
the public trustee were a private trustee shall be so retained or paid, and
the fees shall be retained or paid in the like manner as and in addition to
such expenses.

(3) Such fees shall, under the regulations of the Treasury, be applied as an
appropriation in aid of moneys provided by Parliament for expenses under
this Act, and so far as not so applied shall be paid into the Exchequer.

(4) The fees under this section shall be arranged from time to time so as to
produce an annual amount sufficient to discharge the salaries and other
expenses incidental to the working of this Act (including such sum as the
Treasury may from time to time determine to be required to insure the
Consolidated Fund against loss under this Act) and no more.

(5) The incidence of [any expenses retained or paid] under this section as
between capital and income shall be determined by the public trustee.

Appeal to the court.

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Northern Irish Legislation

PUBLIC TRUSTEE ACT 1906 - SECT 9