48
CurrentPayment of trust funds where funeral service not required
Part 4Pre-paid funeral funds and pre-paid contracts
Division 3Administration of trust funds under pre-paid contracts
48 Payment of trust funds where funeral service not required
(1)
Where a pre-paid funeral fund has reasonable cause to believe that—
(a)
a funeral service that a person has agreed to supply under a pre-paid contract is no longer required, and
(b)
the contract cannot be cancelled under section 49,
the fund may, with the approval of the Secretary or an inspector, pay that person the amount held in trust by the fund under the contract at the time of the payment.
(2)
A pre-paid contract is not unenforceable by reason only that the trust funds under the contract have been paid under subsection (1).
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