(1)  Advisory trustees, subject to the provisions of the relevant trust instrument, are to be remunerated at a rate –

(a) determined by the Public Trustee with the agreement of the trustees; and

(b) not exceeding 2% of the gross capital of the estate of which they are advisory trustees.

(2)  The remuneration referred to in subregulation (1) does not include any GST payable in respect of that matter.