PART 4

MANAGEMENT OF RESIDENTS' FINANCES

Matters which may be managed
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1
The matters which may be managed under this Part by the managers of an authorised establishment are—
a
claiming, receiving, holding and spending any pension, benefit, allowance or other payment other than under the Social Security Contributions and Benefits Act 1992 (c. 4);
b
claiming, receiving, holding and spending any money to which a resident is entitled;
c
holding any other moveable property to which the resident is entitled;
d
disposing of such moveable property,
and in this Part these matters, or any of them, are referred to as residents' affairs; and cognate expressions shall be construed accordingly.
2
In managing these matters, the managers of an authorised establishment shall—
a
act only for the benefit of the resident; and
b
have regard to the sentimental value that any item might have for the resident, or would have but for the resident’s incapacity.
3
The managers of an authorised establishment shall not, without the consent of the supervisory body, manage any matter if that matter has a value greater than that which is prescribed for the purposes of this subsection.
4
The supervisory body may in relation to an individual resident permit the managers of the authorised establishment to manage any matter which has a value greater than that which is prescribed in relation to it under subsection (3).
5
For the purpose of this section,“manage” denotes no greater responsibility than complying with the duties set out in this section.