← belizelaw.ai · Public Trustee Rules, Cap. 199s01

Income

Public Trustee Rules, r. 23 · Revised Edition 2020

(1) The income of the trust property may be paid to the person for the time being entitled to receive the same either through a bank or direct. (2) Where authority is given to any corporation or bank to pay any income to any person, the books of that corporation or bank showing the payment of that income in accordance with the authority shall be a sufficient discharge to the Public Trustee. (3) Where authority is given to any person to pay any income to the bank of the person entitled, the certificate of that bank stating the receipt of that income shall be a sufficient discharge to the Public Trustee. 15 (4) Where any person is solely entitled to receive any income the Public Trustee may, on the request in writing of that person, authorize that person for such period as the Public Trustee may think fit to collect or arrange for the collection of such income and during the continuancy of any such authority such request in writing shall be a sufficient discharge to the Public Trustee in respect of such
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