Prepaid Funerals Act 2004

Where payments under a prepaid funeral agreement are held by a funeral trust, a person carrying on the relevant funeral business may assign his or her rights and obligations under the agreement to another funeral business.

On an assignment under subsection (1), the custodian of the relevant funeral trust must – continue to act as custodian of that funeral trust in respect of the relevant prepaid funeral agreement; or pay all money and transfer all investments held in respect of the agreement to the custodian of another funeral trust nominated by the person carrying on the first-mentioned funeral business.