Cap. 10activeordinance

Probate and Administration Ordinance

遺囑認證及遺產管理條例

Full legislation

s.15

Summary administration of estates not exceeding $150, 000

(1)
The Official Administrator may, where the whole of an estate does not, in his
                opinion, exceed $150,000 in value, without any legal formality, get in and
                administer the same in a summary manner, for the benefit of the persons he may deem
                interested therein, without a grant or other legal formality.
(Amended
44 of 1983 s. 2
;
6 of 1996 s. 2
)
(2)
Any balance of such estate which remains unclaimed shall be paid to the
                Treasury and, at the expiration of
                5
                years from the date of the getting in of the estate, be transferred to the general revenue.
(Added
71 of 1971 s. 3
. Amended
67 of 1999 s. 3
;
E.R. 5 of 2020
)