Section 14

Any executor who has obtained probate or any administrator who has obtained letters of administration or any trustee may, with the sanction of the Court and after giving such notice to the persons beneficially interested as the Court may direct, and notwithstanding that he has acted in the administration of the deceased’s estate or the trust property, transfer such estate or trust property to the Corporation for administration either solely or jointly with the continuing executors, administrators or trustees, if any.

The order of the Court sanctioning such transfer shall, subject to this Act, give to the Corporation all the powers of the executor, administrator or trustee.

The executor, administrator or trustee shall not be in any way liable in respect of any act or default in relation to such estate or trust property subsequent to the date of the order other than his own act or default or the act or default of persons other than himself for whose conduct he is in law responsible.

Corporation may apply for grant on failure of grantee to extract letters of administration