548
the only manner in which an executor could be compelled to
file any accounts was by means of an application made to
This procedure was
the Court by a party interested.
cumbrous and very rarely used.
Section 22 gives the Commissioner power to reduce any
penalty incurred under the Ordinance.
Section 23 gives the Governor-in-Council power to
make rules and prescribe forms,
The First Schedule amends certain portions of the
existing law which, with one exception, are dealt with by
this Ordinance. This exception is the amendment of
section 19 of the Probates Ordinance, 1897. At present
the Official Administrator can deal summarily only with
estates not exceeding 50 in value. This limit has been
found impractice to be too low and by this amendment it
ie raised to $250.
The Second Schedule sets out the rates at whi ch
Estate Duty shall be charged.
These rates are the same
as those in force at present.
The Third Schedule contains tables of the values of
annuities for use in the calculation of estate duty on
life interests, The tables are taken from the law in
force in Fiji,
The following tables are annexed to this report:-
Table of correspondence between the sections
of the Ordinance and those of the Finance
Acts.
Table of comparative penalties.
Table showing the history of the penalties in
Hongkong.
}