View source for MCA s18 text

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'''Section 16 powers: property and affairs'''
 
18.—(1) The powers under section 16 as respects P's property and affairs extend in particular to-
 
:(a) the control and management of P's property;

:(b) the sale, exchange, charging, gift or other disposition of P's property;

:(c) the acquisition of property in P's name or on P's behalf;

:(d) the carrying on, on P's behalf, of any profession, trade or business;

:(e) the taking of a decision which will have the effect of dissolving a partnership of which P is a member;

:(f) the carrying out of any contract entered into by P;

:(g) the discharge of P's debts and of any of P's obligations, whether legally enforceable or not;

:(h) the settlement of any of P's property, whether for P's benefit or for the benefit of others;

:(i) the execution for P of a will;

:(j) the exercise of any power (including a power to consent) vested in P whether beneficially or as trustee or otherwise;

:(k) the conduct of legal proceedings in P's name or on P's behalf.

(2) No will may be made under subsection (1)(i) at a time when P has not reached 18.
 
(3) The powers under section 16 as respects any other matter relating to P's property and affairs may be exercised even though P has not reached 16, if the court considers it likely that P will still lack capacity to make decisions in respect of that matter when he reaches 18.
 
(4) Schedule 2 supplements the provisions of this section.
 
(5) Section 16(7) (variation and discharge of court orders) is subject to paragraph 6 of Schedule 2.
 
(6) Subsection (1) is subject to section 20 (restrictions on deputies).

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