South Australian Consolidated Regulations

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SUPERANNUATION REGULATIONS 2001 - REG 39

39—Payment in case of pensioner who is incompetent

        (1)         If the Board is satisfied that a person who is entitled to a pension under the Act is not mentally or physically competent to give the Board directions as to payment of the pension the Board may—

            (a)         continue to make payments in a manner authorised by the pensioner when competent; or

            (b)         pay the pension into an account with a financial institution in the name of the pensioner; or

            (c)         pay the pension to a person who is caring for the pensioner on condition that it is applied for the maintenance and benefit of the pensioner.

        (2)         Subregulation (1) is subject to the right of a manager appointed under the Aged and Infirm Persons' Property Act 1940 , or an administrator appointed under the Guardianship and Administration Act 1993 , to payment of the pension.

        (3)         In this regulation—

"financial institution" has the meaning given to it by the Financial Institutions Duty Act 1983 .



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