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The Attorney-General may make rules for—(a) defining the duties of the Public Trustee;(b) defining the powers and liabilities of agents, appointing such persons as may be thought advisable to be ex officio agents, fixing the amount of security to be given by agents and generally regulating their duties;(c) prescribing forms and scales of fees;(d) the safe custody, deposit and investment of funds which come into the hands of the Public Trustee; and(e) generally making provision for the better carrying out of the purposes of this Act.
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The provisions in the Unclaimed Financial Assets Act (Cap. 494) that require institutions to remit unclaimed assets to the Unclaimed Financial Assets Authority shall not apply to the Public Trustee.
The Public Trustee may apply alternative forms of dispute resolution mechanisms to resolve disputes relating to the administration of estates and trusts.