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The Adults with Incapacity (Management of Residents' Finances) (Scotland) Regulations 2003

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Value of matter for the purposes of section 39(3) of the Act

4.  The value which is prescribed for the purposes of section 39(3) (which prevents the managers of an authorised establishment from managing, without the consent of the supervisory body, any matter if its value is greater than that which is prescribed) is–

(a)£100 in the case of any matter which consists of a disposal under section 39(1)(d) (disposal of moveable property other than money) irrespective of the number of items of moveable property comprised in the disposal; and

(b)£10,000 in the case of any other matter.

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