Australian Capital Territory Current Acts Australian Capital Territory Current Acts(1) If the estate of a deceased person is sufficient for the payment in full of all the expenses, debts and liabilities payable from the estate, the person's real and personal property is, subject to the provisions of the person's will (if any) and to any law in force in the ACT about charges on property, applicable in the order set out in schedule 4, part 4.1 for the payment of the expenses, debts and liabilities payable from the estate.
(2) If the estate of a deceased person is insufficient for the payment in full of all the expenses, debts and liabilities payable from the estate, the person's real and personal property must, subject to the Bankruptcy Act 1966
(Cwlth), be administered in accordance with the rules set out in schedule 4, part 4.2.