Public Trust Commencement Order (No 2) 2002
Public Trust Commencement Order (No 2) 2002
Public Trust Commencement Order (No 2) 2002
2002/197
Public Trust Commencement Order (No 2) 2002
Note
This order is administered in the Public Trust.
Pursuant to section 2(1) of the Public Trust Act 2001, Her Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following order.
1 Title
This order is the Public Trust Commencement Order (No 2) 2002.
2 Commencement of section 71 of Public Trust Act 2001
Section 71 of the Public Trust Act 2001 comes into force on 1 July 2002.
Marie Shroff,
Clerk of the Executive Council.
Explanatory note
This note is not part of the order, but is intended to indicate its general effect.
This order brings into force, on 1 July 2002, section 71 of the Public Trust Act 2001. Section 71 provides for the charging of management fees for group investment funds.
Section 167 of the Public Trust Act 2001 came into force on 14 December 2001, which was the day on which the Act received the Royal assent. The balance of the Act, apart from section 71, was brought into force on 1 March 2002.
Issued under the authority of the Acts and Regulations Publication Act 1989.
Date of notification in Gazette: 27 June 2002.