Estate Duty.
[CAP. 111
Power to receiver.
juris-
appoint
rents The
57 & 58 Vict.
c. 30, s. 8 (13).
(3) In any such proceedings the court shall have diction to appoint a receiver of the property and the and profits thereof and to order a sale of the property. provisions of rule 3 of Order XXVIII of the Code of Civil (Cap. 4, rules) Procedure shall apply in the case of any order made under this subsection.
(4) Every executor shall, to the best of his knowledge and belief, specify in appropriate accounts annexed to an affidavit for the Commissioner all the property in respect of which estate duty is payable upon the death of the deceased, and also (unless exempted in writing by the Commissioner) any property of which the deceased was a trustee for another person, and shall be accountable for the estate duty in respect of all property, of which the deceased was competent to dispose at his death, but shall not be liable for any duty in excess of the assets which he has received as executor or might but for his own neglect or default have received.
Delivery of property.
accounts of
57 & 58 Vict.
c. 30, s. 8 (3).
and trustees
for estate
duty.
57 & 58 Vict.
c. 30, s. 8 (4).
(5) Where property passes on the death of the deceased Beneficiaries and his executor is not accountable for the estate duty in accountable respect of such property, every person to whom any property so passes for any beneficial interest in possession, and also to the extent of the property actually received or disposed of by him, every trustee, guardian, committee or other person in whom any interest in the property so passing or the management thereof is at any time vested, and every person in whom the same is vested in possession by alienation or other derivative title, shall be accountable for the estate duty on the property, and shall, within the time required by this Ordinance or such later time as the Commissioner allows, deliver to the Commissioner an appropriate account specifying the property in question to the best of his knowledge and belief: Provided that nothing in this section shall render a person accountable for duty who acts merely as agent for another person in the management of property.
(6) The Commissioner may summon before him any person accountable for estate duty, and any person whom the Commissioner believes to have taken possession of or administered any part of the estate in respect of which estate duty is leviable on the death of the deceased, or of the income of any part of such estate, and any person whom the Commissioner believes to be indebted to the deceased, and any
275
Powers of
57 & 58 Vict.
inquiry.
c. 30, s. 8 (5).
Page 15
Page 16
11
Estate Duty.
[CAP. 111
Power to receiver.
juris-
appoint
rents The
57 & 58 Vict.
c. 30, s. 8 (13).
(3) In any such proceedings the court shall have diction to appoint a receiver of the property and the and profits thereof and to order a sale of the property. provisions of rule 3 of Order XXVIII of the Code of Civil (Cap. 4, rules) Procedure shall apply in the case of any order made under this subsection.
(4) Every executor shall, to the best of his knowledge and belief, specify in appropriate accounts annexed to an affidavit for the Commissioner all the property in respect of which estate duty is payable upon the death of the deceased, and also (unless exempted in writing by the Com- missioner) any property of which the deceased was a trustee for another person, and shall be accountable for the estate duty in respect of all property, of which the deceased was competent to dispose at his death, but shall not be liable for any duty in excess of the assets which he has received as executor or might but for his own neglect or default have received.
Delivery of property.
accounts of
57 & 58 Vict.
c. 30, s. 8 (3).
and trustees
for estate
duty.
57 & 58 Vict.
c. 30, 8. 8 (4).
(5) Where property passes on the death of the deceased Beneficiaries and his executor is not accountable for the estate duty in accountable respect of such property, every person to whom any property so passes for any beneficial interest in possession, and also to the extent of the property actually received or disposed of by him, every trustee, guardian, committee or other person in whom any interest in the property so passing or the management thereof is at any time vested, and every person in whom the same is vested in possession by alienation or other derivative title, shall be accountable for the estate duty on the property, and shall, within the time required by this Ordinance or such later time as the Commissioner allows, deliver to the Commissioner an appropriate account specify- ing the property in question to the best of his knowledge and belief: Provided that nothing in this section shall render a person accountable for duty who acts merely as agent for another person in the management of property.
(6) The Commissioner may summon before him any person accountable for estate duty, and any person whom the Commissioner believes to have taken possession of or administered any part of the estate in respect of which estate duty is leviable on the death of the deceased, or of the income of any part of such estate, and any person whom the Com- missioner believes to be indebted to the deceased, and any
275
P
Powers of 57 & 58 Vict.
inquiry.
c. 30, s. 8 (5).
Page 15Page 16
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