Children between a full 15 years of age and under 18 years of age have the right to dispose of their separate property other than real estate; movable assets with registered ownership and use rights; or property used for business activities the disposal of which is subject to the written consent of their parents or guardians.

Parents or guardians who manage the separate property of under-15 year old children have the right to dispose of such property in the interests of the children and shall take into account the children’s desire if they are a full 9 years of age or older.