South Australian Current Acts

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SUCCESSION ACT 2023 - SECT 121

121—Court may fix periodic payment or lump sum

        (1)         The Court may at any time fix a periodic payment, or lump sum, or a periodic payment and a lump sum, to be paid by any person, to represent, or in commutation of, the proportion of the sum ordered to be paid that falls on the portion of the estate to which the person is entitled, and to exonerate that portion of the estate from further liability.

        (2)         The Court may give incidental directions as to the payment or investment of the lump sum or the manner in which the periodic payments are to be made or secured.



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