[Heading amended: No. 19 of 2010
1 . Expenses having priority
and administration expenses have priority.
[Clause 1 amended: No. 19 of 2010 s. 51.]
2 . Demand for unliquidated damages
A demand, in respect
of which proceedings are maintainable against an estate, shall be provable in
the administration of the estate, notwithstanding that it is a demand in the
nature of unliquidated damages arising otherwise than by a contract, promise
or breach of trust.
[Clause 2 amended: No. 19 of 2010 s. 51.]
3 . Rules of bankruptcy apply
Subject to these
rules, the same rules shall prevail and be observed as to —
respective rights of secured and unsecured creditors; and
debts and liabilities provable; and
valuation of annuities and future and contingent liabilities; and
priorities of debts and liabilities,
as are, at the time of
the death of the deceased person, in force under the Commonwealth law of
bankruptcy with respect to the assets of persons adjudged bankrupt.
[Clause 3 amended: No. 19 of 2010 s. 51.]
[Fifth Schedule inserted: No. 72 of 1984
s. 8; amended: No. 19 of 2010 s. 51.]