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SUCCESSION ACT 2006 - SECT 55
Interpretation
55 Interpretation
(1) For the purposes of this Chapter,
"administration" is granted in respect of the estate of a deceased person if--
(a) probate of the will of the deceased person is granted in New South Wales
or granted outside New South Wales but sealed in accordance with section 107
(1) of the Probate and Administration Act 1898 , or
(b) letters of
administration of the estate of the deceased person are granted in New South
Wales or granted outside New South Wales but sealed in accordance with
section 107 (1) of the Probate and Administration Act 1898 , whether the
letters were granted with or without a will annexed and whether for general,
special or limited purposes, or
(c) an order is made under section 24 or 25
of the NSW Trustee and Guardian Act 2009 in respect of the estate of the
deceased person, or
(d) an election is made by the NSW Trustee and Guardian
under Division 1 of Part 3.2 of the NSW Trustee and Guardian Act 2009 in
respect of the estate of the deceased person, or
(e) an election is made by a
trustee company under section 15A or 15AA of the Trustee Companies Act 1964
in respect of the estate of the deceased person.
(2) For the purposes of this
Chapter, the
"legal representative" of the estate is the person to whom administration is
granted.
(3) A reference in this Chapter to a
"person entitled to exercise a power" means a
person entitled to exercise a power, whether or not the power-- (a) is
absolute or conditional, or
(b) arises under a trust or in some other manner,
or
(c) is to be exercised solely by the person or by the person together with
one or more other persons (whether jointly or severally).
(4) A reference in
this Chapter to
"property held by a person" includes property in relation to which the person
is entitled to exercise a power of appointment or disposition in favour of
himself or herself.
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