CORPORATIONS ACT 2001

CHAPTER 5D - LICENSED TRUSTEE COMPANIES  

PART 5D.2 - POWERS ETC. OF LICENSED TRUSTEE COMPANIES  

Division 1 - General provisions  

SECTION 601SAA   JURISDICTION OF COURTS NOT AFFECTED ETC.  

601SAA(1)   [ Jurisdiction not affected]  

Any inherent power or jurisdiction of courts in respect of the supervision of the performance of traditional trustee company services is not affected by anything in this Chapter.

601SAA(2)   [ Trustee company treated in the same manner as any other person]  

A licensed trustee company that is performing traditional trustee company services of a particular kind is subject in all respects to the same control and to removal or restraint from acting, and generally to the jurisdiction of courts, in the same manner as any other person who performs traditional trustee company services of that kind.


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