Guardianship and Management of Property Regulation 1991

For the Act, section 26 (1), the following documents are prescribed:

a statement of the income of the represented person on the relevant day, including income from the following:

pensions;

employment;

superannuation;

investments;

rent;

a deceased estate of which the person is a beneficiary;

a trust of which the person is a beneficiary;

a statement of the expenditure of the represented person, including—

a bank or other financial institution statement for each account at any authorised deposit-taking institution held in the represented person’s name for the 1-year period ending on the relevant day; and

if the manager has acted as manager for a continuous period of longer than 1 year—the following for the 1-year period ending on the relevant day:

a budget or summary of the person’s expenses;

a receipt for any one-off purchase of $500 or more;

Examples—one-off purchase

whitegoods, electronics, jewellery

a statement of the estimated value of the assets of the represented person on the relevant day, including—

amounts standing to the credit of an account with a bank or other financial institution; and

real property; and

personal property; and

investments;

a statement of the liabilities of the represented person on the relevant day, including details of the creditors, the types of liabilities and the value of the liabilities;

any other document relating to the management of the relevant property requested by the public trustee and guardian.

For the Act, section 26 (1), documents are filed in accordance with this regulation if they are filed within 28 days after the relevant day.

In this section:

relevant day, in relation to a manager, means—

the day of the appointment of the manager; or

if the manager has acted as manager for a continuous period of longer than 1 year—each anniversary of the appointment of the manager; or

if the ACAT directs the manager to file prescribed documents before a specified day—that day.