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Article 7 Power to remit fees and settle disputes

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The Public Trustee may remit so much as appears to him equitable of any fee payable in respect of any estate or trust where the whole or any part of the property is in another estate or trust in which he is acting.

(2)

With the approval of the Treasury, the Public Trustee may–

(a)

compromise any dispute about his right to a fee or about the amount due; and

(b)

remit so much as appears to him equitable of any fee payable in respect of any estate or trust where–

(i)

his duties have been or are likely to be exceptionally simple; or

(ii)

the estate or trust is otherwise of an exceptional character.