LOAN (INCOME EQUALIZATION DEPOSITS) ACT 1976 (REPEALED)

***** Repealed 22 February 2005 *****

PART III - REPAYMENT OF DEPOSITS

SECTION 25 FORM OF REQUESTS ETC.

25(1) [Request etc, in writing]

A request, statement, election or application (other than an application to the Administrative Appeals Tribunal) under this Part shall be in writing in accordance with a form approved by the authorized person and shall be signed by the person making the request, statement, election or application.

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25(2) [Request or election by trustee]

Where a request or election is made by the trustee of a trust estate in respect of a deposit made on behalf of a beneficiary who, at the time the deposit was made, was under a legal disability, the request or election shall be accompanied by such declarations or other documents as the authorized person requires for the purpose of satisfying himself that, at the time when the request or election is made, the beneficiary is still under a legal disability.

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25(3) [Request or election by beneficiary]

Where a request or election is made by a beneficiary in respect of a deposit that was made by a trustee of a trust estate on behalf of the beneficiary at a time when the beneficiary was under a legal disability, the request or election shall be accompanied by such declarations or other documents as the authorized person requires for the purpose of satisfying himself that, at the time when the request or election is made, the beneficiary is not under a legal disability.

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