Financial management order

A financial management order is a legal decision of the Supreme Court of NSW, the NSW Civil and Administrative Tribunal (NCAT) or the Mental Health Review Tribunal to appoint NSW Trustee & Guardian, or a private individual under the direction and authority of NSW Trustee & Guardian, to manage a person's financial affairs.

How NSW Trustee & Guardian becomes involved

An application for a financial management order is usually made to the Supreme Court or to NCAT by someone with a genuine concern for the welfare of a person who is having serious difficulty managing their own affairs. In most instances, the applicant is a family member, friend, social worker or health care professional.

NSW Civil & Administrative Tribunal (NCAT)

NCAT can appoint either NSW Trustee & Guardian as financial manager, or a private manager whose financial management will be subject to direction and authorisation by NSW Trustee & Guardian.

If a person is subject to a financial management order made by NCAT and they wish to have the order reviewed, application must be made to NCAT with supporting evidence requesting a review.

For more information about the NSW Civil & Administrative Tribunal  or an application form for financial management or guardianship please visit their website.

Supreme Court of New South Wales   

The Supreme Court can appoint NSW Trustee & Guardian as financial manager, or a private manager who will be subject to direction and authorisation by NSW Trustee & Guardian.

Application for a financial management order is made by a summons, supported by an affidavit of the applicant and two medical affidavits. People making an application for a management order through the Supreme Court include family members, social workers and other interested persons. There is a filing fee which can be deferred or waived in the case of financial hardship. Hearings can be held and financial management orders made within two to three weeks of lodgement of the summons in the Registry of the Equity Division - Protective of the Supreme Court.