1964_PROBATE_AND_ADMINISTRATION_ORDINANCE — Page 12

1971 Ed.]

Probate and Administration.

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(2) If a balance of an estate paid into the Treasury or to a bank in accordance with subsection (1) exceeds five hundred dollars, interest shall be paid thereon at the rate for the time being allowed by the Government in respect of sums bearing interest and deposited with the Accountant General.

(Added, 71 of 1971, s. 3)

23B. (1) If the Official Administrator has been granted ad- ministration of an estate under section16 and-

(a) a balance of such estate exceeding five hundred dollars

remains unclaimed; and

(b) the persons entitled thereto are not known to him,

the Official Administrator shall cause advertisements to be published in accordance with subsection (2).

(2) An advertisement-

(a) shall be published in Hong Kong and in any other place where the Official Administrator has reason to believe that the persons entitled to claim the balance of the estate may be found; and

(b) shall be to the effect that if no claim is made to the Official Administrator within five years from the first publication of the advertisement in Hong Kong the balance from the estate will be transferred to the general revenue of the Colony.

(3) If at the expiration of a period of five years from the date of the first publication of an advertisement under subsection (2), the Official Administrator is of the opinion that no claim can reasonably be expected against the estate he may transfer the balance of the estate to the general revenue of the Colony.

(Added, 71 of 1971, s. 3)

23C. The Official Administrator may, at any time, transfer the balance of any estate not exceeding five hundred dollars remain- ing undistributed to the general revenue of the Colony.

23D.

(Added, 71 of 1971, s. 3)

Toofiqrasa

Roof 197253

Advertisements

as to unclaimed balance of intestate's estate,

Transfer of unclaimed balance not exceeding five hundred dollars.

PART III

GRANTING AND REVOCATION OF PROBATES, ETC.

24. (1) An application for the grant or revocation of probate or letters of administration shall be made through the Registry.

(2) No application under subsection (1) shall be submitted in the form of a petition.

Application for

grants. [cf. 1925 c. 49, s. 150.]

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