NSW TRUSTEE AND GUARDIAN ACT 2009 - SECT 95 Amounts may be paid to beneficiaries or other persons

NSW TRUSTEE AND GUARDIAN ACT 2009 - SECT 95

95 Amounts may be paid to beneficiaries or other persons

(cf PE Act, s 42 (1) (a))

(1) The NSW Trustee may, at the discretion of the NSW Trustee--

(a) pay to a person claiming to be entitled in the distribution of the estate or under the will of a deceased managed person (a
"beneficiary" ) any sum (not exceeding the prescribed amount) out of money standing to the credit of the account of the deceased person in the common fund, or

(b) hand over to the beneficiary any chattels having a value not exceeding that amount and forming part of the estate of the deceased person or any documents having a value not exceeding that amount, or relating to property having a value not exceeding that amount, and forming part of the estate of the deceased person.

(2) The NSW Trustee may exercise functions under this section--

(a) whether or not probate of the will or letters of administration of the estate have been obtained, and

(b) whether or not legal proof is given of the right or title of the beneficiary.