20
In forceFinancial management plan
Chapter 3Appointment of guardians and administrators
Part 1Making an appointment order
20 Financial management plan
(1)
Unless the tribunal orders otherwise, a person who agrees to a proposed appointment as an administrator must give a financial management plan to the tribunal, or its appropriately qualified nominee, for approval.
(2)
The tribunal, or its appropriately qualified nominee, may approve a financial management plan.
(3)
In this section—appropriately qualified, for a nominee in relation to a financial management plan, means having the qualifications or experience appropriate to approve the plan.
This Act’s bill:Explanatory memorandum
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