Full legislation
s.60I
Surviving renter’s right subject to this Ordinance in 12 months following death of joint renter
(1) Notwithstanding anything in the contract between a surviving renter of a jointly rented safe deposit box with survivorship arrangement and the bank concerned for the renting of the safe deposit box, his right of access to the contents of the safe deposit box under the contract shall— (a) (where an inventory is prepared under section 60D(3) in respect of the safe deposit box during the 12 months after the death of the deceased renter concerned) during the 12 months after the death of the deceased renter concerned; (b) (where no inventory is so prepared during the 12 months after the death of the deceased renter concerned) before the preparation of such inventory, only be exercisable subject to this Ordinance. (2) It shall be the obligation of the surviving renter to satisfy the bank as to the date of death of the deceased renter concerned.