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GUARDIANSHIP AND ADMINISTRATION AND OTHER LEGISLATION AMENDMENT ACT 2019 - SECT 20
Amendment of s 37 (Avoid conflict transaction)
20 Amendment of s 37 (Avoid conflict transaction)
(1) Section 37 (1) , ‘authorises’—
omit, insert —
has authorised
(2) Section 37 (1) —
insert — Note— See section 152 for the authorisation of conflict
transactions by the tribunal.
(3) Section 37 (2) , examples—
omit, insert — Example— 1 A conflict transaction happens if an
adult’s administrator buys the adult’s car.
2 A conflict transaction
happens if an adult’s administrator lends the adult’s money to a close
friend of the administrator.
3 A conflict transaction happens if an adult’s
administrator rents the adult’s residential property to the administrator or
a relative of the administrator.
4 A conflict transaction happens if an
adult’s administrator uses the adult’s money to pay the personal expenses
of the administrator, including, for example, the administrator’s personal
travel expenses.
5 A conflict transaction happens if an adult’s
administrator buys the adult’s house.
6 A conflict transaction does not
happen if an adult’s administrator is acting under section 55 to maintain
the adult’s dependants.
(4) Section 37 (3) —
omit, insert — (3) However, a transaction is not a conflict transaction
merely because— (a) the administrator is related to the adult; or
(b) the
administrator may be a beneficiary of the adult’s estate on the adult’s
death; or
(c) by the transaction the administrator in the administrator’s
own right and on behalf of the adult— (i) deals with an interest in property
jointly held; or
(ii) acquires a joint interest in property; or
(iii)
obtains a loan or gives a guarantee or indemnity in relation to a transaction
mentioned in subparagraph (i) or (ii).
(3A) Also, to remove any doubt, it is
declared that the making of a gift or donation under section 54 is not a
conflict transaction.
(5) Section 37 (3A) to (5) —
renumber as section 37 (4) to (6) .
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