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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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