Amendment of section 14.
Addition of
section 14A.
4.
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shall be exercised or performed by the Commissioner personally, such power may be exercised or such duty may be performed by a deputy commissioner of estate duty or an assistant commissioner of estate duty.
(2) Except where this Ordinance provides that a power or duty shall be exercised or performed by the Commissioner personally, the Commissioner may. subject to such limitations as he may think fit, au- thorize in writing any public officer to exercise any power or performany duty conferred or imposed upon him by this Ordinance.".
Section 14 of the principal Ordinance is amended in sub- section (6) by deleting "Every" and substituting the following-
5.
**Subject to section 14A, every".
The principal Ordinance is amended by adding after section 14 the following new section-
"Exemption of executors of small
estates.
14A. (1) If the Commissioner is satisfied- (a) that an executor has, to the best of his knowledge and belief, disclosed in such manner as the Commissioner may deter- mine-
(i) all of the property belonging to a deceased; and
(i) all of the property held by the de- ceased as trustee for another person;
(6) that the principal value of the property belonging to the deceased does not exceed one hundred thousand dollars: and
(c) that no estate duty is payable on the death
of the deceased,
the commissioner may, subject to any conditions which he may specify, exempt the executor from sub- section (6) of section 14.
(2) Where the Commissioner exempts any execu- tor under subsection (1) he shall issue to the executor a certificate of exemption in such form as he may determine.
(3) If, at any time after he has issued to an executor a certificate of exemption under subsection
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(2), the Commissioner has reasonable grounds for believing-
(a) that the principal value of the property belonging to the deceased exceeds one hundred thousand dollars; or
(b) that estate duty is payable on the death of
the deceased,
the Commissioner may withdraw the exemption granted to the executor under subsection (1) and cancel the certificate of exemption, whereupon this Ordin- ance shall apply as if the exemption had not been granted.".
Section 23 of the principal Ordinance is amended by inserting after subsection (2) the following subsection-
"(3) Where the Commissioner has granted exemption to an executor under subsection (1) of section 14A-
(a) there shall be annexed to the probate or letters of administration the certificate of exemption issued to the executor under subsection (2) of section 14A; and
7.
(b) the penalties referred to in subsection (1) of this section shall apply to any person who, without lawful authority or reasonable excuse, in any way deals with any property-
(i) belonging to a deceased; or
(ü) held by a deceased in trust for another person. which was not disclosed to the Commissioner under subsection (1) of section 14A.”,
Section 24 of the principal Ordinance is amended-
(a) in subsection (1), by deleting "Every" and substituting
the following-
"Subject to subsection (3A), every":
(b) in subsection (2), by deleting "Every" and substituting
the following-
"Subject to subsection (3A), every";
(c) in subsection (3), by deleting "Every" and substituting
the following-
"Subject to subsection (3A), every”; and
Amendment of section 23.
Amendment of section 24.