New South Wales Consolidated Acts

GUARDIANSHIP ACT 1987 - SECT 25Q

25Q Disposal of estate

(1) If a financial management order is revoked (or varied so as to exclude from the order a specified part of the estate previously subject to it), the person appointed as manager of the estate is to pay over or hand over the estate (or the relevant part of the estate):

(a) to the owner of the estate, or

(b) to a person (designated by the Tribunal) on behalf of the owner of the estate.

(2) If:

(a) the appointment of a person as the manager of an estate is revoked under Division 3, and

(b) the relevant financial management order is not revoked,

the person concerned is to pay over or hand over the estate to the person appointed under section 25U (3) as manager of the estate in substitution for that person.

(3) A person who pays over or hands over any part of an estate in accordance with this section does not incur any liability for doing so.

(4) The paying over or handing over of any part of an estate in accordance with this section does not operate to change the ownership of the estate.