Part 2
Contracts legislation
Minors’ contracts:
Compromise or settlement of claims by minors
105Claim that has become subject of proceeding
If the claim has not been compromised or settled in accordance with section 104, and has become the subject of a proceeding before a court in New Zealand, no settlement, compromise, or payment and no acceptance of money paid into court is valid (to the extent that it relates to the minor’s claim) without the approval of the court.
Subsection (1) applies whenever the settlement, compromise, payment, or acceptance is entered into or made.