South Australian Current Acts

CHILDREN AND YOUNG PEOPLE (SAFETY) ACT 2017 - SECT 161

161—Payment of money to Chief Executive on behalf of child or young person

        (1)         The Chief Executive may receive money on behalf of a child or young person.

        (2)         The Chief Executive must cause any money received on behalf of a child or young person—

            (a)         to be held by the Public Trustee on behalf of the child or young person in accordance with the scheme set out in the regulations; or

            (b)         to be deposited in an ADI account in the name of the child or young person.

        (3)         Without limiting the regulations that may be made under subsection (2)(a), the regulations may make provisions relating to the transfer of money to the Public Trustee, interest payable on money held by the Public Trustee, and the application of money held by the Public Trustee, under this section.

        (5)         Any money held on behalf of a child or young person pursuant to this section is payable to the child or young person on the Chief Executive ceasing to have any direct responsibility for the affairs of the child or young person.