F1Part 3Accounts and funds

Annotations:
Amendments (Textual)

Authority to transfer funds

26GAuthority to transfer specified sums

1

A person mentioned in subsection (2) may apply to the Public Guardian for a certificate authorising the transfer of a specified sum from a specified account (“the original account”) in an adult's sole name to—

a

the designated account;

b

the adult's current account;

c

the adult's second account; or

d

such other account as may be specified.

2

Those persons are—

a

a withdrawer;

b

a person who has applied for a withdrawal certificate under section 25;

3

An application under subsection (1) may also seek authority—

a

to close the original account;

b

to terminate an arrangement for the payment of funds from the original account to another account (for example: a standing order or direct debit).

4

Where the Public Guardian grants an application under subsection (1), the Public Guardian must—

a

enter prescribed particulars in the register maintained by the Public Guardian under section 6(2)(b)(iii); and

b

issue the certificate to the applicant.

5

In this section, “specified” means specified in the application under subsection (1) or, as the case may be, in the certificate granted under subsection (4).