Guardianship and Management of Property Amendment Regulation 2024 (No 1) (ACT)

Guardianship and Management of Property Amendment Regulation 2024 (No 1)

Subordinate Law SL2024-24

The Australian Capital Territory Executive makes the following regulation under the Guardianship and Management of Property Act 1991.

Dated 4 September 2024.

ANDREW BARR

Chief Minister

SHANE RATTENBURY

Minister

Guardianship and Management of Property Amendment Regulation 2024 (No 1)

Subordinate Law SL2024-24

made under the

Guardianship and Management of Property Act 1991

1. Name of regulation

   This regulation is the Guardianship and Management of Property Amendment Regulation 2024 (No 1).

2. Commencement

   This regulation commences on the day after its notification day.

   NoteThe naming and commencement provisions automatically commence on the notification day (see Legislation Act, s 75 (1)).

3. Legislation amended

   This regulation amends the Guardianship and Management of Property Regulation 1991.

4. New section 6 (1) (a) (vi) and (vii)

   insert

   (vi)a deceased estate of which the person is a beneficiary;

   (vii)a trust of which the person is a beneficiary;

5. New section 6 (1) (aa)

   insert

   (aa)a statement of the expenditure of the represented person, including—

   (i)a bank or other financial institution statement for each account at any authorised deposit-taking institution held in the represented person’s name for the 1-year period ending on the relevant day; and

   (ii)if the manager has acted as manager for a continuous period of longer than 1 year—the following for the 1-year period ending on the relevant day:

   (A)a budget or summary of the person’s expenses;

   (B)a receipt for any one-off purchase of $500 or more;

   Examples—one-off purchase

   whitegoods, electronics, jewellery

6. New section 6 (1) (d)

   insert

   (d)any other document relating to the management of the relevant property requested by the public trustee and guardian.

Endnotes

1. Notification

   Notified under the Legislation Act on 9 September 2024.

2. Republications of amended laws

   For the latest republication of amended laws, see align="center">© Australian Capital Territory 2024