South Australian Government Gazette

The official publication of the South Australian Government

Public Trustee—Classes of Approved People

Thursday, July 4, 2019

PUBLIC TRUSTEE ACT 1995
Classes of Approved People under Section 29

  1.  I, VICKIE CHAPMAN, revoke the approval of the following classes of people given for the purposes of paragraph 29(1)(b) of the Public Trustee Act 1995, on whose behalf the Public Trustee may invest money in a common fund established under section 29:
  • Wills customers of the Public Trustee
  • Beneficiaries of estates and trusts administered by the Public Trustee, when funds would otherwise be distributed
  • Trustees of estates and trusts
  • Trustees of charitable funds
  • Trustees of Self-Managed Superannuation Funds
  • Staff of the Public Trustee,

effective from 1 July 2019, save that the Public Trustee may continue to invest the current balance of existing clients in the above classes of people on the proviso that those investments will be distributed to all of the existing clients in the above classes by 30 June 2021.

  1. I, VICKIE CHAPMAN, confirm the approval of the following classes of people given for the purposes of paragraph 29(1)(b) of the Public Trustee Act 1995, on whose behalf the Public Trustee may invest money in a common fund established under section 29:
  • Public sector funds and statutory bodies.

NOTE

The term “public sector funds and statutory bodies” means statutory officers, statutory authorities and other public sector agencies and funds established or maintained by such officers, authorities or agencies under statute.

This instrument takes effect from the date of signing below.

Dated: 1 July 2019

Vickie Chapman MP
Attorney-General