73—Deemed grant of probate or administration to Public Trustee for small
estate
(1) For the purposes
of this section, the "maximum monetary value of property comprising a deceased
person's estate is—
(a)
$100 000; or
(b) such
other amount—
(i)
as may be fixed by the Minister by notice in the Gazette
from time to time; or
(ii)
as may be calculated in accordance with a formula or
methodology determined by the Minister by notice in the Gazette from time to
time.
(a) a
person dies leaving personal property not exceeding the maximum monetary
value; and
(b) the
deceased person's estate consists only of personal property; and
(c) no
application for a grant of probate or administration has been made in respect
of the deceased person's estate; and
(d) the
Public Trustee could apply for an administration order under section 9 of
the Public Trustee Act 1995 in respect of the deceased person's estate,
the Public Trustee may, by notice in the Gazette, give notice of the Public
Trustee's intention to administer the estate under this section in accordance
with the rules.
(3) The Public Trustee
must, as soon as practicable after giving notice under
subsection (2)—
(a)
cause a copy of the notice to be published on a website approved by the
Minister; and
(b) file
the deceased person's will (if any exists) with the Registrar.
(4) On the expiry of
14 days after the publication of the notice under subsection (2),
the Public Trustee will be taken to have been granted—
(a) if
the deceased person died leaving a will—probate of the will of the
deceased person; or
(b) in
any other case—administration of the estate of the deceased person.
(5) The Court may, on
application by the Public Trustee or a person interested in the estate of the
deceased person, make an order revoking the Public Trustee's administration of
the estate under this section.
(6) If, in the course
of administering an estate under a deemed grant of probate or administration
under this section, the value of the estate is found to exceed 120% of the
maximum monetary value, the Public Trustee must as soon as practicable, apply
for a grant of probate or administration in respect of the estate.
(7) This section does
not affect the right of any person to recover the whole or part of any payment
made or property delivered under this section from any person who received it
from the Public Trustee.