(1) The guardian may, instead of depositing the bearer instruments under section 1814, have their registration changed to the name of the ward, subject to the condition that they may alienate them only with the ratification of the family court. If the instruments are issued by the Federal Government or a Land, they may have them converted, subject to the same condition, into Debt Register claims against the Federal Government or the Land.
(2) If bearer instruments that may be converted into Debt Register claims against the Federal Government or a Land are to be deposited, the family court may order that they are converted into Debt Register claims under subsection (1).