Tasmanian Numbered Regulations

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PUBLIC TRUSTEE REGULATIONS 1999 (S.R. 1999, NO. 170) - REG 8

Maximum fees, commissions, remunerations and charges
(1)  The fees, commissions, remunerations and charges specified in Schedule 1 are the maximum amounts or rates that The Public Trustee may charge and receive in respect of the relevant matters specified in that Schedule.
(2)  In calculating the fees, commissions, remunerations and charges specified in Schedule 1 , a deduction is not to be made in respect of legal or equitable charges on any property or the expenses of any realisation.
(3)  In respect of proceeds of any life policy on the security of which an insurer has made an advance to a deceased person during his or her lifetime, fees, commissions, remunerations and charges are payable only on the net amount received as the proceeds of the policy.
(4)  The Public Trustee may deduct from money representing capital or income or both capital and income fees, commissions, remunerations and charges in respect of the matters specified in Schedule 1 .
(5)  In addition to the fees, commissions, remunerations and charges specified in Schedule 1 , The Public Trustee is entitled to reimbursement for any expense incurred in respect of –
(a) any estate or matter; and
(b) an estate for which representation is not obtained.



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