CORPORATIONS ACT 2001

CHAPTER 5D - LICENSED TRUSTEE COMPANIES  

PART 5D.3 - REGULATION OF FEES CHARGED BY LICENSED TRUSTEE COMPANIES  

Division 2 - General provisions about charging fees  

SECTION 601TBB   PART DOES NOT PREVENT CHARGING OF FEES AS AGREED ETC.  

601TBB(1)   [ Limit of this Part]  

Nothing in this Part prevents a licensed trustee company from charging:


(a) any fees that a testator, in his or her will, has directed to be paid; or


(b) any fees that have been agreed on in accordance with subsection (2).

601TBB(2)   [ Parties to fee agreement]  

An agreement referred to in paragraph (1)(b) that relates to the fees that may be charged by a licensed trustee company for the provision of a particular traditional trustee company service must be between the trustee company and:


(a) subject to paragraph (b) of this subsection - a person or persons who have authority to deal with the trustee company on matters relating to the provision of the service; or


(b) if the regulations prescribe the person or persons with whom the agreement must be made - that person or those persons.


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