4 Settlement of minor's claim
(a) "claim" means a claim th at, if proved in a court of
competent jurisdiction, would result in a money judgment as
defined in the Civil Enforcement Act;
(b) "indemnity" means an agreement by a minor's
representative, given in connection with a settlement of the
minor's claim, to compensate a person for liability or costs
incurred by that person in the event that a claim is
subsequently made by or on behalf of the minor regarding a
matter covered by the settlement;
(c) "representative" means the guardian or litigation
representative of a minor who has a claim.
(2) If a representative has agreed to a settlement of a minor's
claim, the Court may, on application, confirm the settlement if in
the Court's opinion it is in the minor's best interest to do so.
(3) A settlement of a minor's claim is binding on the minor only if
the settlement is confirmed under subsection (2).
(4) Any money payable to a minor under a settlement that is
confirmed under subsection (2) must be paid
(a) to a trustee appointed by the Court under section 10 who i s
authorized by the appointment or by the order confirming
the settlement to receive the money,
(b) to the Public Trustee, or
(c) as the Court directs, if the total amount payable to the m inor
under the settlement does not exceed the amount prescribed
by the regulations.
(5) An indemnity given by a minor's representative is void.
2004 cM-18.1 s4;2011 c14 s19