Full legislation
s.26
Grant of representation to a trust corporation
(1)
The court
may—
(a)
where a trust corporation is named in a will as executor, whether alone or
jointly with another person, grant probate to the corporation either solely or
jointly with another person, as the case may require; and
(b)
grant administration to a trust corporation either solely or jointly with
another person,
and the corporation may act accordingly as executor or administrator, as the
case may be.
(2)
Probate or administration shall not be granted to a syndic or nominee on behalf
of a trust corporation.
(3)
Any officer authorized for the purpose by a trust corporation or the directors
or governing body thereof may, on behalf of the corporation, swear affidavits, give
security and do any other act or thing which the court may require with a view to
the grant to the corporation of probate or administration, and the acts of an
officer so authorized shall be binding on the corporation.
(4)
This section shall apply whether the testator or intestate died before or after
the
commencement*
of this Ordinance.
[cf. 1925 c. 49 s. 161 U.K.]