Released 24 January 2012. Comments close 6 March 2012.

This paper sets out our proposals on administering the transfer determination provisions of Ch 5D of the Corporations Act 2001 (Corporations Act) for trustee companies providing traditional trustee company services (traditional services). Licensed trustee companies may transfer the administration of trust estates to other trustee companies under the Corporations Act.

We seek feedback from trustee companies, their clients and legal advisers, the Public Trustees of the states and territories, and other interested parties, on our proposals.

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