s 2 Interpretation
2. In this Act, unless there is something repugnant in the subject or context —“Board” means the Investment Board mentioned in section 13; “Common Fund” means the Common Fund mentioned in section 10; “expenses” includes costs and charges; “letters of administration” means letters of administration of the estate and effects of a deceased person, whether general or with a will annexed, or limited either in time or otherwise; “private trustee” means a trustee other than the Public Trustee; “Reserve Fund” means the fund established under section 15A; “trust” includes an executorship or administratorship, and “trustee” is to be construed accordingly; “trust property” includes all property in the possession or under the control wholly or partly of the Public Trustee by virtue of any trust.[44/2014]