Re Managed Estates Remuneration Report [2018] NSWSC 1768

Re Managed Estates Remuneration Report [2018] NSWSC 1768

The report of the NSW Trustee and Guardian on the operation of Managed Estates Remuneration Orders is to be published in a redacted form, consistent with statutory privacy obligations and the regulatory regime established by earlier orders and the NSW Trustee and Guardian Act. The orders intend to ensure that remuneration can be allowed in defined circumstances, subject to oversight and review mechanisms.

Jurisdiction
Australia
Judgment Date
19 November 2018
Procedural Posture
Equity Proceeding / Report to Court on Operation of Managed Estates Remuneration Orders
Outcome
Report published in redacted form
Legal Topics
['nsw Trustee and Guardian Act' 'managed Person' 'private Managers' 'remuneration' 'regulatory Regime' 'reporting Obligations']
['equity'] ['nsw Trustee and Guardian Act' 'managed Person' 'private Managers' 'remuneration' 'regulatory Regime' 'reporting Obligations']

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Procedural Posture

Equity Proceeding / Report to Court on Operation of Managed Estates Remuneration Orders

Legal Issues

  1. 1 ['Whether remuneration may be allowed to private managers of managed estates and under what circumstances.' 'The framework for authorising, regulating, and reporting on remuneration of private managers under the NSW Trustee and Guardian Act.']

Ratio Decidendi

The report of the NSW Trustee and Guardian on the operation of Managed Estates Remuneration Orders is to be published in a redacted form, consistent with statutory privacy obligations and the regulatory regime established by earlier orders and the NSW Trustee and Guardian Act. The orders intend to ensure that remuneration can be allowed in defined circumstances, subject to oversight and review mechanisms.

Court Disposition

Report published in redacted form

Orders

  • ['The report of the NSW Trustee and Guardian dated 30 October 2018 covering the period 1 July 2017 to 30 June 2018 is published in a redacted form.']