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Legislative Assembly for the ACT: 1996 Week 14 Hansard (12 December) . . Page.. 5110 ..

The Task Force established to review the future financial viability of the Public Trustee's Office issued its report in June 1996.

The report made the following recommendations:

.. that the Public Trustee review the current scale of fees and commissions and implement the measures to increase income recommended in the report;

. that the Community Service Obligations of the Public Trustee be identified and transparently funded; and

. that any profit resulting from the commercial activities of the Public Trustee be subject to payment of a dividend based on a formula to be agreed.

Progress with implementation of the recommendations is as follows:

Fees and commissions

It is proposed to review the scale of fees and commissions and implement measures to increase income during the 1996-97 financial year. Principally, work will begin in this regard as soon as a new Public Trustee is appointed.

Community Service Obligations (CSO)

The Government has accepted the recommendation to fund the community service work undertaken by the Office and in this regard provided an additional $0.032m to the Office in the 1996-97 Budget. This takes the total CSO payment to $0.182m.

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