Section 26A Withdrawal certificatesF1

(1)

A withdrawal certificate may—

(a)

authorise the transfer of funds—

(i)

from the adult's current account to the designated account;

(ii)

from the adult's current account to the adult's second account;

(iii)

from the designated account to the adult's second account;

(b)

authorise the continuance or making of arrangements for the regular or occasional payment of funds from the adult's current account for specified purposes (for example: by standing order or direct debit);

(c)

authorise the withdrawal of funds from the designated account for specified purposes;

(d)

place limits on the amount of funds that may be so transferred, paid or withdrawn.

(2)

But such a certificate does not authorise a transfer of funds or payment that would cause—

(a)

the adult's current account;

(b)

the adult's second account; or

(c)

the designated account,

to become overdrawn.

(3)

If any of the accounts mentioned in paragraphs (a) to (c) of subsection (2) is overdrawn, the fundholder of that account has a right of relief against the withdrawer.

(4)

In subsection (1)(b), “specified” means specified in the certificate of appointment.

Annotations

Textual amendments

F1: Pt. 3 substituted (1.4.2008) by Adult Support and Protection (Scotland) Act 2007 (asp 10), ss. 58, 79(3); S.S.I. 2008/49, art. 2(1) (with arts. 3 4)