78Application of money by NSW Trustee and Guardian

#### 78 Application of money by NSW Trustee and Guardian 78 Application of money by NSW Trustee and Guardian (cf Act No 25 1929, section 5 (1), (2) and (3)) > > (1) Subject to any order of the court, money paid under this Division to the NSW Trustee and Guardian on behalf of a minor is to be held and applied by the NSW Trustee and Guardian for the maintenance and education of, or otherwise for the benefit of, the minor. > > > (2) On the application of the NSW Trustee and Guardian, the Supreme Court may give directions to the NSW Trustee and Guardian as to the administration of any such money. > > > (3) If given effect to by the NSW Trustee and Guardian, any such direction exonerates the NSW Trustee and Guardian from any claim or demand by any other person. > > **pt 2A, divs 1–6 (ss 18A–18O):** Ins 2010 No 135, Sch 6.2 \[2\]. Rep 2013 No 1, Sch 1.6 \[2\]. > > **s 78:** Am 2009 No 49, Sch 2.9 \[3\].