71Managed person cannot deal with estate

71 Managed person cannot deal with estate

71 Managed person cannot deal with estate

(cf PE Act, s 23A)

(1) The power of a managed person to deal with his or her estate is suspended in respect of so much of that estate as is subject to management under this Act.

(2) However, the manager may, by instrument in writing, authorise the managed person to deal with so much of the estate as the manager considers appropriate and specifies in the instrument.

(3) The authorisation may be given at any time and may be withdrawn, wholly or in part, at any time.

(4) More than one authorisation may be given under this section.

(5) An authorisation must not be given or withdrawn by a manager who is not the NSW Trustee without the approval of the NSW Trustee.

(6) Each of the following persons may apply to the Civil and Administrative Tribunal for an administrative review under the Administrative Decisions Review Act 1997 for a review of a decision of the NSW Trustee about whether or not to approve of the giving or withdrawal of an authorisation—

(a) the manager,

(b) the managed person,

(c) the spouse of the managed person,

(d) any other person who, in the opinion of the Civil and Administrative Tribunal, has a genuine interest in the matter to which the NSW Trustee’s decision relates.

(7) (Repealed)

s 71: Am 2013 No 95, Sch 2.104 [7].