Australian Capital Territory Numbered Acts

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GUARDIANSHIP AND MANAGEMENT OF PROPERTY ACT 1991 (NO. 62 OF 1991) - SECT 22

Receipt of money

22. (1) Unless the Tribunal otherwise orders, if a manager of a person's property receives money—

        (a)     as interest or income in respect of the property; or

        (b)     as the proceeds of the realisation of the property;

the manager becomes manager of the money.

(2) Unless the Tribunal otherwise orders, if there is an accretion to property in respect of which a manager has been appointed, the manager becomes manager of the extra property.



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