Document ID: chunk:federal_register_of_legislation:C2024C00866:section:202b
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 202B
Character Range: 1881823–1882597

202B  Other person acting as trustee
 (1) This section applies where, by virtue of an instrument in force under subsection 202(1), the trustee of instalments of the pension, veteran payment or allowance payable to a person is a person other than:
 (a) the Commission; or
 (b) an officer of the Australian Public Service appointed as trustee in his or her capacity as such an officer.
 (2) The trustee may:
 (a) accumulate so much of the instalments of the pension, veteran payment or allowance received by the trustee as is not required for application in accordance with subparagraph 202(2)(b)(i); and
 (b) invest any trust funds so accumulated in any investments authorised for the investment of trust funds by the law of the State or Territory where the person resides.