Public Trust Profit
The Public Trust Office made a net profit of £27,308 last year, compared with £27,700 in the previous year, according to its annual report. Fewer new estates and funds were accepted for administration (estates 4621 and funds 61), but the value (estates £18,808,944 and funds £1,101,292) was the highest ever recorded.
Not Interfering
It was wrong to suggest that the Government was interfering with or over-ruling the decisions of the Tariff and Development Board, said the Under-Secretary of Customs (Mr Adams-Schneider).
He was referring to newspaper reports of the comments made at the conference of Federated Farmers. “The Tariff and Development Board is an advisory body only,” he said. “The Government is not bound to follow or accept without question any recommendation the board may make.”
Permanent link to this item
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https://paperspast.natlib.govt.nz/newspapers/CHP19660625.2.28
Bibliographic details
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Press, Issue 31095, 25 June 1966, Page 3
Word count
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129Public Trust Profit Press, Issue 31095, 25 June 1966, Page 3
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Acknowledgements
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This newspaper was digitised in partnership with Christchurch City Libraries.
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