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<hansard id="" tocId="" xml:lang="EN-AU" schemaVersion="1.0" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xml="http://www.w3.org/XML/1998/namespace" xmlns:xsi="http://www.w3.org/2007/XMLSchema-instance" xmlns:mml="http://www.w3.org/1998/Math/MathML" xsi:noNamespaceSchemaLocation="hansard_1_0.xsd">
  <name>Legislative Council</name>
  <date date="2019-10-15" />
  <sessionName>Fifty-Fourth Parliament, First Session (54-1)</sessionName>
  <parliamentNum>54</parliamentNum>
  <sessionNum>1</sessionNum>
  <parliamentName>Parliament of South Australia</parliamentName>
  <house>Legislative Council</house>
  <venue></venue>
  <reviewStage>published</reviewStage>
  <startPage num="4529" />
  <endPage num="4583" />
  <dateModified time="2022-08-06T14:30:00+00:00" />
  <proceeding continued="true">
    <name>Answers to Questions</name>
    <subject>
      <name>Public Trustee</name>
      <text id="20191015df90d629ec1a4f74a0000858">
        <inserted>
          <heading>Public Trustee</heading>
        </inserted>
      </text>
      <talker role="member" id="4697" kind="question">
        <name>The Hon. K.J. MAHER</name>
        <house>Legislative Council</house>
        <portfolios>
          <portfolio id="">
            <name>Leader of the Opposition</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2019-09-11" qonNum="149">
            <name>Public Trustee</name>
          </question>
        </questions>
        <text id="20191015df90d629ec1a4f74a0000859">
          <inserted>149 <by role="member" id="4697">The Hon. K.J. MAHER (Leader of the Opposition) </by>(11 September 2019).  Can the Attorney-General advise—</inserted>
        </text>
        <text id="20191015df90d629ec1a4f74a0000860">
          <inserted>1.&amp;#x9;How many of the Public Trustee's investment service clients have transitioned out of being beneficiaries of a Public Trustee administered deceased estate, irrespective of whether or not an estate services officer has been assigned?</inserted>
        </text>
        <text id="20191015df90d629ec1a4f74a0000861">
          <inserted>2.&amp;#x9;With particular regard to the retrospective nature of the proposed changes to the Public Trustee services covering the making of wills and enduring powers of attorney, does the Attorney-General or the Public Trustee have some sort of special dispensation to disregard contract law?</inserted>
        </text>
      </talker>
      <talker role="member" id="605" kind="answer">
        <name>The Hon. R.I. LUCAS</name>
        <house>Legislative Council</house>
        <questions>
          <question date="2019-09-11" qonNum="149">
            <name>Public Trustee</name>
          </question>
        </questions>
        <text id="20191015df90d629ec1a4f74a0000862">
          <inserted>
            <by role="member" id="605">The Hon. R.I. LUCAS (Treasurer):</by>  The Attorney-General has provided the following advice:</inserted>
        </text>
        <text id="20191015df90d629ec1a4f74a0000863">
          <inserted>1.&amp;#x9;Assuming that the question relates to section 29 (1)(b) investors, of the 233 that were with the Public Trustee at the time of the announcement in May, a total of 19 investors have transitioned to an alternative financial investment provider.</inserted>
        </text>
        <text id="20191015df90d629ec1a4f74a0000864">
          <inserted>2.&amp;#x9;The changes to will and power of attorney making services are not retrospective. All existing wills and power of attorneys remain valid. Any non-concession holder wishing to amend their will or power of attorney from 1 July 2019 will need to use someone other than the Public Trustee to provide that service.</inserted>
        </text>
      </talker>
    </subject>
  </proceeding>
</hansard>