27Approval of contract or disposition

27 Approval of contract or disposition

27 Approval of contract or disposition

(1) A contract made by a minor or a disposition of property made by or to a minor pursuant to an approval under this section is presumptively binding on the minor.

(2) The Local Court may, on application by a minor, by order approve a contract proposed to be made by a minor or a disposition of property proposed to be made by or to a minor.

(3) (Repealed)

(4) The Local Court may make an order under this section on such terms and conditions as the Court thinks fit.

(5) The Local Court shall not make an order under this section unless it appears to the Court that:

(a) the minor would not undertake obligations under the proposed contract or dispose of property under the proposed disposition of property to the value of $10,000 or upwards, and

(b) the order is for the benefit of the minor.

(6) A refusal to make an order under this section or the making of an order subject to any terms or conditions does not prevent the minor making a further application, whether on evidence of the same or other facts, to the Supreme Court under section 26.

(7) Parts 2, 3 and 5 of the Crimes (Appeal and Review) Act 2001 (as applied by section 70 of the Local Court Act 2007) do not apply to an order under this section.

s 27: Am 1989 No 144, Sch 1 (1); 1998 No 137, Sch 2.18; 1999 No 31, Sch 4.60 [1]–[3]; 2001 No 121, Sch 2.149 [1]; 2007 No 94, Schs 1.68 [1] [2], 3; 2015 No 15, Sch 2.35.