---
title: "Money held by Funds in Court for a person under 18"
url: "https://ailawframework.com/precedents/personal-injury-and-compensation/vic-child-funds-in-court"
type: "precedent"
site: "AI Law Framework"
id: "a21-vic-child-funds-in-court"
area_id: "A21"
kind: "checklist"
ai_level: "yellow"
version: 1
task_ids: ["A21-T1-R11"]
law_stated_as_at: "2026-10-23"
---

# Money held by Funds in Court for a person under 18

> How the Senior Master of the Supreme Court of Victoria holds a child's money after it is paid into Funds in Court, and how a payment out is asked for. The statutory declaration is not drafted.

Canonical page: https://ailawframework.com/precedents/personal-injury-and-compensation/vic-child-funds-in-court  
Law stated as at: 2026-10-23

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

- Kind: Checklist. Steps or checks to work through and tick off.
- Practice area: [Personal Injury & Compensation](https://ailawframework.com/precedents/personal-injury-and-compensation.md)
- Jurisdictions: Victoria
- AI level: Yellow. You and the tool draft together, with you directing. You check every statement you rely on.
- Law stated as at: 2026-10-23
- Status: Maintained. Checked on 2026-10-23 against the 4 authorities it cites, for Victoria.

## When to use it

Use after an order has directed that a child's damages, or other money, be paid to Funds in Court. Do not use it to seek approval of the compromise, or to work out the cheque or the electronic payment.

## Used for these tasks

- [Prepare court-approval papers for a child or protected-person settlement](https://ailawframework.com/practice/personal-injury-and-compensation/prepare-court-approval-papers-for-a-child-or-protected-person-settlement.md)

## How AI may be used

The family can be given this note, and the tool writes nothing in the statutory declaration used for a payment out at 18.

**AI may:**

- Explain that the Senior Master holds the money and that it remains the child's money.
- Record the Common Fund facts the Funds in Court page states, including the $10,000 and six-year conditions for Common Fund No. 3.
- List the steps to ask for a payment out, without completing any form or declaration.

**AI must not:**

- Do not write the statutory declaration, or any words that would go into it.
- Do not promise that every client is paid in full at 18.
- Do not apply the victims-of-crime time limits on that page to personal injury damages.
- Do not state a fee. The page says no fees or charges are directly deducted from Common Fund No. 2. It does not state a fee for Common Fund No. 3.

**The lawyer checks:**

- Confirm the order actually pays the money to the Senior Master.
- Give Centrelink only a figure the office has put in writing. A student must tell Centrelink about income earned on the funds.
- Order 79 of the 2025 Rules was not opened. Do not add it.

## Authorities

- [Funds in Court (Vic), What happens to your money, for people under 18](https://fundsincourt.vic.gov.au/for-under-18s/what-happens-to-your-money/)
- [Funds in Court (Vic), How to access your money](https://fundsincourt.vic.gov.au/for-under-18s/how-to-access-your-money/)
- [Funds in Court (Vic), When you turn 18](https://fundsincourt.vic.gov.au/for-under-18s/when-you-turn-18/)
- [Funds in Court (Vic), Contact us](https://fundsincourt.vic.gov.au/contact-us/)

## Full text and drafting notes

The full text and the drafting notes are not part of this public page. Signed-in firm accounts can read them at https://ailawframework.com/precedents/personal-injury-and-compensation/vic-child-funds-in-court and through the signed-in MCP connector https://ailawframework.com/mcp/firm.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*