Article 19 When withdrawal fee payable
A withdrawal fee is payable—
on the public trustee ceasing to act—
as trustee or manager of any scheme or funds under Part 8 whether on retirement or otherwise; or
other than on retirement, in any estate or trust; or
on the withdrawal or distribution of any part of the estate or the trust property, or, as the case may be, of the capital of a scheme or fund under Part 8, except where—
the public trustee ceases to act as executor of an estate in respect of which an executorship fee is payable;
trust property held on a declaration of trust in favour of one beneficiary only is withdrawn for the purpose of transfer to a new executorship or a new trust accepted by the public trustee;
the public trustee is acting other than as trustee or manager of any scheme or fund under Part 8 and the trust or estate has, in the opinion of the public trustee, a total value of £30,000 or less on 31st March 2004; or
trust property or, as the case may be, capital of a scheme or fund under Part 8, is withdrawn for the purpose of paying any fees prescribed by this Order.