Australian Capital Territory Current Acts

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Payment into court of lump sum death benefits

    (1)     A payment mentioned in section 77 (2) (a) (the lump sum ) must be paid into the Magistrates Court, unless the court otherwise orders.

    (2)     The Magistrates Court must, until the lump sum is paid to the person entitled to it—

        (a)     invest, apply or otherwise deal with the lump sum payment in the way the court considers appropriate for the benefit of the person entitled to it under this Act; or

        (b)     deal with it under the Public Trustee and Guardian Act 1985

, section 25 (Payment of money etc to public trustee and guardian on behalf of person under disability) .

    (3)     The receipt of the registrar of the Magistrates Court is a sufficient discharge for the amount paid in.

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