Document ID: chunk:federal_register_of_legislation:F2016L00652:reg:79
Version: federal_register_of_legislation:F2016L00652
Segment Type: reg
Provision Reference: reg 79
Character Range: 155789–157078

79  Money paid to Comcare for benefit of person
 (1) If any money is payable under the scheme to a person who is under a legal disability, the money is to be paid to, or in accordance with the directions of, Comcare for the benefit of the person and, when so paid, is, for the purposes of this instrument other than this section, taken to have been paid to the person.
 (2) If money is held by Comcare for the benefit of a person, Comcare must, subject to subsections (3) and (4), invest the money in any manner for the time being allowed by an Act, a State Act or an Ordinance of a Territory for the investment of trust money and income resulting from any such investment is taken to form part of the first‑mentioned money.
 (3) Comcare may pay any money referred to in subsection (2) to, or in accordance with the directions of, the person or apply the money in such manner as it thinks fit, for the benefit of the person.
 (4) If:
 (a) money is held by Comcare for the benefit of a person who is under a legal disability; and
 (b) the person ceases to be under a legal disability;
Comcare must:
 (c) pay the money to, or in accordance with the directions of, the person; or
 (d) if the money has been invested—deal with the investments in accordance with the directions of the person.