Victorian Numbered Acts

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GUARDIANSHIP AND ADMINISTRATION ACT 2019 (NO. 13 OF 2019) - SECT 48

Powers of investment

Except as provided in section 76 or in any order of VCAT, an administrator

        (a)     in the case of investments of the represented person, may continue those investments in the manner in which they were invested by the represented person for such period as the administrator thinks fit, including taking up rights to issues of new shares and options; and

        (b)     in the case of money deposited in an ADI, may re-deposit it after it becomes payable; and

        (c)     in the case of property, has, and may, exercise the same powers as the administrator would have if the administrator were a trustee in
relation to that property under the Trustee Act 1958 .



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