s. s. 51 52 the administrator, or a charity with which the administrator has a connection, is $100 or more. 51 Powers of investment (1) Except as provided in section 53 or any order of S. 51(1) amended by the Tribunal, an administrator other than State Nos 55/1987 Trustees in respect of any part of the estate of the s. 57(2)(Sch. 4 item 13), represented person of which the administrator is 45/1994 the administrator— s. 36(1), 52/1998 s. 127(1)(c)(i), (a) may for such period as the administrator 40/1999 thinks fit allow any part of the estate to s. 24(a). remain invested in the manner in which it has been invested by the represented person; and (b) may in the case of money deposited in an S. 51(1)(b) amended by authorised deposit-taking institution within No. 11/2001 the meaning of the Banking Act 1959 of the s. 3(Sch. item 33). Commonwealth re-deposit it after it becomes payable; and (c) has and may exercise in relation to any part S. 51(1)(c) amended by of the estate the same powers as the No. 104/1995 administrator would have if the administrator s. 6(Sch. 1 item 11(a)(i)). were a trustee of that part of the estate under the Trustee Act 1958. * * * * * S. 51(2) repealed by No. 104/1995 s. 6(Sch. 1 item 11(a)(ii)). * * * * * S. 51(3) repealed by No. 52/1998 s. 127(1)(c)(ii). 52 Restriction on powers of represented person to enter into contracts etc. (1) Where the Tribunal has made an administration S. 52(1) amended by order the represented person whilst a represented No. 52/1998 s. 127(1)(d).
the administrator, or a charity with which the administrator has a connection, is $100 or more. 51 Powers of investment s. 51 S. 51(1) amended by Nos 55/1987 s. 57(2)(Sch. 4 item 13), 45/1994 s. 36(1), 52/1998 s. 127(1)(c)(i), 40/1999 s. 24(a). (1) Except as provided in section 53 or any order of the Tribunal, an administrator other than State Trustees in respect of any part of the estate of the represented person of which the administrator is the administrator— (a) may for such period as the administrator thinks fit allow any part of the estate to remain invested in the manner in which it has been invested by the represented person; and S. 51(1)(b) amended by No. 11/2001 s. 3(Sch. item 33). (b) may in the case of money deposited in an authorised deposit-taking institution within the meaning of the Banking Act 1959 of the Commonwealth re-deposit it after it becomes payable; and S. 51(1)(c) amended by No. 104/1995 s. 6(Sch. 1 item 11(a)(i)). (c) has and may exercise in relation to any part of the estate the same powers as the administrator would have if the administrator were a trustee of that part of the estate under the Trustee Act 1958. S. 51(2) repealed by No. 104/1995 s. 6(Sch. 1 item 11(a)(ii)). * * * * * S. 51(3) repealed by No. 52/1998 s. 127(1)(c)(ii). * * * * * 52 Restriction on powers of represented person to enter into contracts etc. s. 52 S. 52(1) amended by No. 52/1998 s. 127(1)(d). (1) Where the Tribunal has made an administration order the represented person whilst a represented
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