Section 50 of the Principal Act is amended by omitting subsections (1) and (2) and substituting the following subsections:

(1)  A person may apply to the Tribunal for an order appointing an administrator for a person who has impaired decision-making ability in respect of decisions relating to financial matters.

(2)  If a person with impaired decision-making ability does not reside in Tasmania but has financial matters the whole or part of which are in Tasmania, a person may apply to the Tribunal for an administration order in respect of so much of the financial matters as are in Tasmania.