56Powers and duties of administrator

56 Powers and duties of administrator

(1)  [Section 56 Subsection (1) substituted by No. 21 of 2023, s. 49, Applied:01 Sep 2024] Subject to and in accordance with this Act and the relevant administration order, a person appointed as an administrator –

(a) has general care and management in respect of financial matters for the represented person; and

(b) has the duty to take possession and care of, recover, collect and administer financial matters for the represented person and generally to manage the represented person’s affairs with the exercise of all rights, statutory or otherwise, in respect of financial matters; and

(c) in the name of, and on behalf of, the represented person, may generally do all acts and exercise all powers that the administrator is authorised to do or exercise in respect of financial matters for the represented person with the same effect and in the same manner as the represented person could have done if that person were not subject to the administration order.

(2)  Without limiting subsection (1) , an administrator may, in the name and on behalf of the represented person and so far as may be specified in the administration order  –

(a) collect, receive and recover any income or property to which the represented person is entitled; and

(b) invest money in any manner in which trustees may by law invest; and

(c) [Section 56 Subsection (2) amended by No. 18 of 2021, s. 146, Applied:05 Nov 2021] [Section 56 Subsection (2) amended by No. 21 of 2023, s. 50, Applied:01 Sep 2024] take a lease of real estate at such rent and on such conditions as the administrator thinks fit; and

(d) exercise any power of leasing vested in the represented person; and

(e) surrender any lease, accept any lease, accept the surrender of any lease or renew any lease; and

(f) sell, exchange, partition or convert into money any property other than real estate; and