Numb. 5.

127

THE

NEW ZEALAND GAZETTE.

Published by Authority.

WELLINGTON, THURSDAY, JANUARY 24, 1895.

Regulations under “The Public Trust Office Consolidation
Act, 1894,” and other Acts.

GLASGOW, Governor.
ORDER IN COUNCIL.
At the Government House, at Wellington, this twenty-
third day of January, 1895.

Present:

His Excellency the Governor in Council.

IN pursuance and in exercise of the powers and autho-
rities conferred by “The Lunatics Act, 1882,” “The
Native Reserves Act, 1882,” “The West Coast Settlement
Reserves Act, 1892,” “The Unclaimed Lands Act, 1892,”
“ The Public Trust Office Consolidation Act, 1894,” and of
any other Act or law, His Excellency the Governor of the
Colony of New Zealand, by and with the consent and advice
of the Executive Council, hereby makes the following
regulations:—

1. In these regulations, if not inconsistent with the
   context,——
   “ The Act ” means “ The Public Trust Office Consolida-
   tion Act, 1894 ”:
   Property shall be deemed to be placed in the Public
   Trust Office when the Public Trustee becomes
   trustee, executor, administrator, guardian, com-
   mittee, agent, or attorney in respect of such property:
   “ Native ” means an aboriginal native of New Zealand,
   and includes half-castes and their descendants:
   “ The Board ” means the Public Trust Office Board, as
   constituted by this Act:
   “ Institution ” includes an association, society, corpora-
   tion, bank, savings-bank, and any department of
   the General Government of the colony:
   “ Common fund ” means the common fund mentioned
   in section 29 of the Act.
2. The Public Trust Office shall be situate in the City of
   Wellington. Any premises which the Public Trustee from
   time to time occupies for the purpose of carrying on the
   business of the Public Trust Office shall be the Public Trust
   Office for the purposes of the Act and these regulations.
3. The office shall be open from 9 a.m. to 1 p.m. and from
   2 p.m. to 5 p.m., except on Saturdays, when it shall close at
   1 p.m.; and it shall not be open at all on Sundays, Good
   Friday, and Christmas Day, nor on such other days or
   times as shall be duly declared or appointed by Government
   to be general public holidays.
4. The Board shall meet for the despatch of business at
   such times and places as shall be appointed by the Public
   Trustee, or by adjournment of a previous meeting.
5. The seal of the Public Trustee, as existing immediately
   prior to the passing of the Act, shall be the seal thereunder:
   Provided that the Board may, with the consent of the
   Governor in Council, from time to time alter the form of
   such seal.
6. The seal shall be kept at the Public Trust Office,
   and in the custody of the Public Trustee, under lock.
7. Minutes of the proceedings or resolutions of the Board
   shall be recorded in such manner as the Board may direct,
   and shall, either at the meeting when the business is done,
   or at the next succeeding meeting, be confirmed by the
   Board, with such alterations or variations as the Board
   thinks proper, and, when confirmed, shall be signed by the
   Chairman or presiding member at such meeting.
8. The minutes of the meetings of the Board held under
   the provisions of “The Native Reserves Act, 1882,” or its
   amendments, shall be kept in both the English and Maori
   languages, and the latter shall be certified by a competent
   interpreter to be a true translation of the former; and all
   such minutes, and all proceedings of such Board connected
   therewith, shall, when required by any member thereof, be
   interpreted by some competent interpreter to the Native
   members of the Board present at such meeting.
9. When it is desired to place property in the Public Trust
   Office, written application shall be made to the Public Trustee
   stating the nature of the property proposed to be placed
   therein, and describing shortly the trusts and powers declared
   and conferred respecting such property: Provided that this
   shall not apply where Parliament or the Crown, the Go-
   vernor in Council or the Governor, or a Court or Judge,
   appoints the Public Trustee trustee of any property, or
   places any property in the Public Trust Office.
10. Before any moneys are advanced on the security of real
    estate or on the rents and profits thereof, the Public Trustee
    shall require a valuation to be made, to be approved of by
    the Board. The cost of such valuation shall be borne by the
    person applying for such advance. Before the Public
    Trustee shall entertain any such application, such reasonable
    sum as he may require shall be paid to him by the applicant
    to cover the cost of such valuation.
    All applications for advances shall be made in such form,
    and with such particulars, as the Public Trustee may either
    generally or specially require.
11. The Public Trustee may fix the charges to be paid to
    solicitors, land-brokers, and others in respect of the prepara-
    tion of securities.
12. Wherever the Public Trustee is entitled to any of the
    charges under the scale hereinafter set forth, he may deduct
    the same from any funds in his hands or under his control;
    and, where the funds in an estate have been distributed, he
    may recover any charges from the person receiving such
    funds.
13. The Public Trustee shall from time to time, at such
    convenient intervals as he thinks proper, but not exceeding
    twelve calendar months at any one time, render accounts
    showing the position and state of every estate in the Public