Part does not prevent charging of fees as agreed etc.
(1) 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). (2) 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.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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