Disposition of the Property of the Ward

Income of the citizen under wardship including income due the ward from the management of his property, with the exception of the income that the ward has the right to dispose of independently is expended by the guardian or curator exclusively in the interests of the ward and with the preliminary permission of the agency of guardianship and curatorship.
The guardian or curator has the right to make the expenses necessary for the support of the ward at the expense of sums due the ward as his income, without the prior permission of the agency of guardianship and curatorship.

 

The guardian does not have the right, without the prior permission of the agency of guardianship and curatorship to conclude, nor a curator–to give consent to the making of, transactions for the alienation, including the exchange or gift of property of the ward, to give it out in lease, for uncompensated use, in pledge, nor of transactions involving a waiver of rights belonging to the ward, nor the division of his property nor separation of ownership shares from it, nor to any other transactions involving the reduction of the property of the ward.
The procedure for management of the property of the ward shall be determined by statute.

 

The guardian, the curator, their spouses, and their close relatives do not have the right to conclude transactions with a ward, with the exception of the transfer of property to the ward as a gift or for cost-free use, nor to represent the ward in the conclusion of transactions or the conduct of judicial proceedings between the ward and spouse of the guardian or curator and their close relatives.

 

Source: Iravaban.net

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