Article 4

Paragraph 17(5) of the principal Order shall be omitted and the following substituted:—

“(5)

In this article—

• “appropriate valuation date” means whichever of the following dates most recently precedes the date on which the fee is payable:—

  1. (a)

     1 July 1984 in the case of any estate or trust in which the Public Trustee was acting on that date;

  2. (b)

     1 July 1987 in the case of any estate or trust in which the Public Trustee was acting on that date;

  3. (c)

     in any other case, the acceptance valuation date of the estate or trust; and

  “relevant period” means the period between the appropriate valuation date and the date on which the fee is payable.”