Minors
29 Minors
Where a person pays money to the Public Trustee for investment thereof in a common fund for the use and benefit of any person under the age of 18 years, the Public Trustee may pay to the beneficiary any interest which may accrue on the sum invested in the same manner as if the beneficiary were of full age.
The receipt of a beneficiary of money paid to him or her by the
Public Trustee under subsection (1) shall be a sufficient discharge for all money paid to him or her notwithstanding his or her incapacity or inability at law to contract or act for himself or herself.
The Public Trustee shall be discharged from liability in respect of any payments made by him or her under the authority of this section.
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