Document ID: chunk:federal_register_of_legislation:F2024C00882:reg:59
Version: federal_register_of_legislation:F2024C00882
Segment Type: reg
Provision Reference: reg 59
Character Range: 300923–301696

59  Estate administrators—exemption from certain provisions of Code
 (1) The Code, other than sections 76 to 81, does not apply to a public official or a public body authorised by any law or court to administer a person's estate, to the extent that the public official or public body is providing credit to the person's estate, whether or not the person is deceased.
 (2) In this regulation:
estate includes trust property.
public body includes a corporation owned or controlled by:
 (a) the Commonwealth; or
 (b) a State or Territory; or
 (c) an authority of the Commonwealth or a State or Territory.
Note: Section 203B of the Code provides, among other things, that the regulations may exempt a person or a class of persons from all or specified provisions of the Code.