sch.2-sec.1Financial matter

### sch.2-sec.1 Financial matter A financial matter , for a principal, is a matter relating to the principal’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 principal and the principal’s dependants, including, for example, purchasing an interest in, or making another contribution to, an establishment that will maintain or accommodate the principal or a dependant of the principal; paying the principal’s debts, including any fees and expenses to which an administrator is entitled under a document made by the principal or under a law; receiving and recovering money payable to the principal; carrying on a trade or business of the principal; performing contracts entered into by the principal; discharging a mortgage over the principal’s property; paying rates, taxes, insurance premiums or other outgoings for the principal’s property; insuring the principal or the principal’s property; otherwise preserving or improving the principal’s estate; investing for the principal in authorised investments; continuing investments of the principal, including taking up rights to issues of new shares, or options for new shares, to which the principal becomes entitled by the principal’s existing shareholding; undertaking a real estate transaction for the principal; dealing with land for the principal under the Land Act 1994 or Land Title Act 1994 ; undertaking a transaction for the principal involving the use of the principal’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 principal; a legal matter relating to the principal’s financial or property matters; withdrawing money from, or depositing money into, the principal’s account with a financial institution. sch 2 s 1 sub 2000 No. 8 s 263 sch 3 amd 2002 No. 34 s 42 ; 2003 No. 87 s 58 ; 2004 No. 43 s 93 ; 2007 No. 36 s 2 sch - (a) paying maintenance and accommodation expenses for the principal and the principal’s dependants, including, for example, purchasing an interest in, or making another contribution to, an establishment that will maintain or accommodate the principal or a dependant of the principal; - (b) paying the principal’s debts, including any fees and expenses to which an administrator is entitled under a document made by the principal or under a law; - (c) receiving and recovering money payable to the principal; - (d) carrying on a trade or business of the principal; - (e) performing contracts entered into by the principal; - (f) discharging a mortgage over the principal’s property; - (g) paying rates, taxes, insurance premiums or other outgoings for the principal’s property; - (h) insuring the principal or the principal’s property; - (i) otherwise preserving or improving the principal’s estate; - (j) investing for the principal in authorised investments; - (k) continuing investments of the principal, including taking up rights to issues of new shares, or options for new shares, to which the principal becomes entitled by the principal’s existing shareholding; - (l) undertaking a real estate transaction for the principal; - (m) dealing with land for the principal under the Land Act 1994 or Land Title Act 1994 ; - (n) undertaking a transaction for the principal involving the use of the principal’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 principal; - (o) a legal matter relating to the principal’s financial or property matters; - (p) withdrawing money from, or depositing money into, the principal’s account with a financial institution.