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OC 389/2014 - The Public Guardian and Trustee Amendment Regulations, 2014 (Minister of Justice and Attorney General)
Description:

Title: The Public Guardian and Trustee Amendment Regulations, 2014

Minister: Minister of Justice and Attorney General

Summary: On July 1, 2014, these regulations will amend RRS P-36.3 Reg 1 to:

  • Increase the minimum and maximum fees the Public Guardian and Trustee may charge for handling a real estate transaction;
  • Allow the Public Guardian and Trustee to charge fees for investigations and inspections undertaken on behalf of a client or in relation to a client’s estate, or at the request of the Public Guardian and Trustee in another jurisdiction;
  • Allow the Public Guardian and Trustee to charge a fee when acting as personal guardian for an adult;
  • Permit the Public Guardian and Trustee to charge 1% of capital receipts;
  • Allow the Public Guardian and Trustee to determine that no further funds are payable where an account has been closed and income of less than $25 is received; and
  • Add a new form respecting the cancellation of acknowledgment of the Public Guardian and Trustee acting as property guardian.
See: The Public Guardian and Trustee Act, section 54





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