sch.2-sec.1Financial matter

### sch.2-sec.1 Financial matter A financial matter , for an adult, is a matter relating to the adult’s financial or property matters, including, for example, a matter relating to 1 or more of the following— paying maintenance and accommodation expenses for the adult and the adult’s dependants, including, for example, purchasing an interest in, or making another contribution to, an establishment that will maintain or accommodate the adult or a dependant of the adult; paying the adult’s debts, including any fees and expenses to which an administrator is entitled under a document made by the adult or under a law; receiving and recovering money payable to the adult; carrying on a trade or business of the adult; performing contracts entered into by the adult; discharging a mortgage over the adult’s property; paying rates, taxes, insurance premiums or other outgoings for the adult’s property; insuring the adult or the adult’s property; otherwise preserving or improving the adult’s estate; investing for the adult in authorised investments; continuing investments of the adult, including taking up rights to issues of new shares, or options for new shares, to which the adult becomes entitled by the adult’s existing shareholding; undertaking a real estate transaction for the adult; dealing with land for the adult under the Land Act 1994 or Land Title Act 1994 ; undertaking a transaction for the adult involving the use of the adult’s property as security (for example, for a loan or by way of a guarantee) for an obligation the performance of which is beneficial to the adult; a legal matter relating to the adult’s financial or property matters; withdrawing money from, or depositing money into, the adult’s account with a financial institution. sch 2 s 1 amd 2003 No. 87 s 42 ; 2004 No. 43 s 52 ; 2012 No. 37 s 51 sch - (a) paying maintenance and accommodation expenses for the adult and the adult’s dependants, including, for example, purchasing an interest in, or making another contribution to, an establishment that will maintain or accommodate the adult or a dependant of the adult; - (b) paying the adult’s debts, including any fees and expenses to which an administrator is entitled under a document made by the adult or under a law; - (c) receiving and recovering money payable to the adult; - (d) carrying on a trade or business of the adult; - (e) performing contracts entered into by the adult; - (f) discharging a mortgage over the adult’s property; - (g) paying rates, taxes, insurance premiums or other outgoings for the adult’s property; - (h) insuring the adult or the adult’s property; - (i) otherwise preserving or improving the adult’s estate; - (j) investing for the adult in authorised investments; - (k) continuing investments of the adult, including taking up rights to issues of new shares, or options for new shares, to which the adult becomes entitled by the adult’s existing shareholding; - (l) undertaking a real estate transaction for the adult; - (m) dealing with land for the adult under the Land Act 1994 or Land Title Act 1994 ; - (n) undertaking a transaction for the adult involving the use of the adult’s property as security (for example, for a loan or by way of a guarantee) for an obligation the performance of which is beneficial to the adult; - (o) a legal matter relating to the adult’s financial or property matters; - (p) withdrawing money from, or depositing money into, the adult’s account with a financial institution.