Australian Capital Territory Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

GUARDIANSHIP AND MANAGEMENT OF PROPERTY ACT 1991 - SECT 22

Receipt of amounts

    (1)     Unless the ACAT otherwise orders, the manager of a person's property becomes the manager of the following amounts received by the manager:

        (a)     interest or income in relation to the property;

        (b)     the proceeds of the realisation of the property.

    (2)     Unless the ACAT otherwise orders, if there is an accretion to property in relation to which a manager has been appointed, the manager becomes manager of the extra property.



[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]