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Section 20

Undistributed funds

of Public Trust Corporation Act 1995

ActIn forceProvision 20 of 43
Section 20

Where, upon the conclusion of the administration of the estate of a person dying testate or intestate, there remains with the

Corporation funds of which it is unable to dispose immediately by distribution in accordance with law by reason of the inability of the person entitled to give a discharge, through lack of legal capacity or otherwise, or by reason of any other cause which to the Corporation appears sufficient, the Corporation may apply the same for the benefit of that person and may for the purpose exercise all the powers under section 19.