HC Deb 25 April 1972 vol 835 cc264-5W
45. Mr. Hooson

asked the Attorney-General what provision is to be made for the care of small investment trusts now that the office of Public Trustee is to be abolished.

The Attorney-General

The Public Trustee will be able to continue to administer his existing trusts if those concerned do not wish to transfer them elsewhere. So far as new trusts are concerned those making them will, after the necessary legislation has been passed, have to make other arrangements and, if difficulties occur, may consider applying to the court for the appointment of a Judicial Trustee.