Guardianship Act 1973

7 Powers of guardians

(1) Subject to subsection (2) below, a guardian under the [1971 c. 3.] Guardianship of Minors Act 1971, besides being guardian of the person of the minor, shall have all the rights, powers and duties of a guardian of the minor's estate, including in particular the right to receive and recover in his own name for the benefit of the minor property of whatever description and wherever situated which the minor is entitled to receive or recover.

(2) Nothing in subsection (1) above shall restrict or affect the power of the High Court to appoint a person to be, or to act as, the guardian of a minor's estate either generally or for a particular purpose; and subsection (1) above shall not apply to a guardian under the Guardianship of Minors Act 1971 so long as there is a guardian of the minor's estate alone.