Part 1Appointment of judicial factor

Conditions and qualification for appointment

4Conditions for appointment of judicial factor

(1)

The conditions for appointment of a judicial factor are—

(a)

there is an estate which—

(i)

requires to be managed, or

(ii)

in relation to which actings are required, and

(b)

at least one of the following applies—

(i)

it is not possible, practicable or sensible for that management or those actings to be carried out by the person who would ordinarily be responsible for carrying them out,

(ii)

it would be to the advantage of the estate for a judicial factor to be appointed to carry out that management or those actings.

(2)

In this section, “actings” includes such actions as may be required to hold, administer, or protect an estate for the benefit of persons with an interest in it.