2344
No. 16 of 1915.
Disclosure of interest of deceased person in shop, bank, etc.
Ordinance No.58 of 1911.
Executor's accounts.
**
ESTATE DUTY.
(3) Each of the said sums of one thousand dollars referred to in sub-sections (1) and (2) shall be deemed to be a debt due to the Crown and shall be recoverable in the same way as Crown rents may be recovered.
(4) Nothing in this section shall be deemed to interfere with any special powers conferred by law upon any person to act without obtaining probate or letters of administration.
20. (1) Where a deceased person had, at the date of his death, any interest, whether as partner, depositor, or creditor in any shop, bank or other business undertaking within the Colony, not being a company as defined by the Companies Ordinance, 1911, or a company, association or partnership formed under or in pursuance of some other Ordinance, or Act, or of a charter of incorporation, or of letters patent, the person having the management of such shop, bank or other business undertaking shall, within one month from the date on which he first received information of the death of such deceased person, notify the Commissioner of such death and of the extent of the interest of the deceased in the said shop, bank or other business undertaking, and in default of such notification as aforesaid the sum of five hundred dollars shall be recoverable from the owner or owners of the said shop, bank or other business.
(2) The said sum of five hundred dollars shall be deemed to be a debt due to the Crown and shall be recoverable in the same way as Crown rents may be recovered.
(3) Where the said shop, bank or other business is carried on in a firm name, the said sum of five hundred dollars shall also be deemed to be a debt due from the firm and may be recovered in an action against the firm in the said firm name.
(4) In any proceedings for the recovery of the penalty prescribed by this section, the onus of proving that he has not rendered himself liable to the penalty shall be upon the person or firm from whom it is sought to recover it.
21. At any time or times after the expiration of six months from the date of the probate or letters of administration, it shall be lawful for the Commissioner, by notice in writing sent to an executor at his last-known address,
* As amended by Law Rev. Ord., 1924.
2344
No. 16 of 1915.
Disclosure
of interest of deceased person in
shop, bank,
etc.
Ordinance
No.58 of 1911.
Executor's
accounts.
**
ESTATE DUTY.
(3) Each of the said sums of one thousand dollars referred to in sub-sections (1) and (2) shall be deemed to be a debt due to the Crown and shall be recoverable in the same way as Crown rents may be recovered.
(4) Nothing in this section shall be deemed to interfere with any special powers conferred by law upon any person to act without obtaining probate or letters of administration.
20. (1) Where a deceased person had, at the date of his death, any interest, whether as partner, depositor, or creditor in any shop, bank or other business undertaking within the Colony, not being a company as defined by the Companies Ordinance, 1911, or a company, association or partnership formed under or in pursuance of some other Ordinance, or Act, or of a charter of incorporation, or of letters patent, the person having the management of such shop, bank or other business undertaking shall, within one month from the date on which he first received information of the death of such deceased person, notify the Commis- sioner of such death and of the extent of the interest of the deceased in the said shop, bank or other business under- taking, and in default of such notification as aforesaid the sum of five hundred dollars shall be recoverable from the owner or owners of the said shop, bank or other business.
(2) The said sum of five hundred dollars shall be deemed to be a debt due to the Crown and shall be recoverable in the same way as Crown rents may be recovered.
(3) Where the said shop, bank or other business is carried on in a firm name, the said sum of five hundred dollars shall also be deemed to be a debt due from the firm and may be recovered in an action against the firm in the said firm naine.
(4) In any proceedings for the recovery of the penalty prescribed by this section, the onus of proving that he has not rendered himself liable to the penalty shall be upon the person or firm from whom it is sought to recover it.
21. At any time or times after the expiration of six months from the date of the probate or letters of adminis- tration, it shall be lawful for the Commissioner, by notice in writing sent to an executor at his last-known address,
* As amended by Law Rev. Ord., 1924.
No comments yet.
Private notes are available after approval.