CORPORATIONS ACT 2001

CHAPTER 5D - LICENSED TRUSTEE COMPANIES  

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

Division 4 - Fees for being trustee or manager of a charitable trust  

Subdivision A - New client charitable trusts  

SECTION 601TDB   WHAT THE TRUSTEE COMPANY MAY CHARGE  

601TDB(1)   [ Charges limited]  

For the provision of the service, the trustee company must only charge:


(a) either:


(i) a capital commission, and an income commission, as provided for in section 601TDC ; or

(ii) a management fee as provided for in section 601TDD ; and


(b) if applicable, common fund administration fees under section 601TDE ; and


(c) if applicable, fees permitted by section 601TDF in respect of the preparation of returns etc.

601TDB(2)   [ Div 2 not limited]  

This section does not limit anything in Division 2 .


 

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