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TRUSTEE ACT 1925 - SECT 14E
Advisory committee
(1) In this section,
"Committee" means the committee constituted by subsection (2).
(2) There is
constituted by this subsection a committee consisting of-- (a) the NSW
Trustee, and
(b) a master of the Court nominated by the Chief Justice of the
Court and appointed by the Attorney General, and
(c) an officer of the
Treasury nominated by the Secretary of the Treasury and appointed by the
Attorney General, and
(d) 2 persons appointed by the Attorney General who, in
the opinion of the Attorney General, have experience relevant to the function
of the Committee.
(3) The function of the Committee is to advise the Attorney
General on matters relating to the investment of trust funds.
(4) The
Attorney General shall not be bound by the advice of the Committee.
(5) The
Committee may regulate its own procedure.
(6) The Committee may seek the
advice of such persons as it sees fit on matters related to the function of
the Committee.
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