📘 Trustee Companies (Commonwealth Regulation) Amendment Act 2011
039 of 2011Assented 4 October 2011
This Act amends the Trustee Companies Act 1987 to facilitate Commonwealth regulation of trustee companies. It also makes consequential amendments to the Trustees Act 1962 and provides for transitional arrangements related to the transfer of estate assets and liabilities.
Impact
Trustee companies operating in Western Australia are affected as the regulation of their activities shifts towards Commonwealth oversight. The Act also impacts individuals and entities whose assets are managed by these trustee companies, as it streamlines the transfer of assets and liabilities.
Sectors
finance
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