Section 86
of Probate and Administration Act 1959
Section 86
Where upon the conclusion of the administration of the estate of a person dying testate or intestate, there remain in the hands of any personal representative funds of which he 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 shall appear sufficient, the personal representative may, if the Corporation consents to accept the same, pay the funds to the Corporation which shall not be required to make any inquiry whether the administration has been conducted in accordance with law, but may accept the same for the benefit of that person and may for the purpose exercise all the powers conferred on the Corporation under section 19 of the Public
Trust Corporation Act 1995.
(2)
The receipt of the Corporation may be accepted by the personal representative and shall constitute a full and sufficient discharge in respect of those funds.
(3)
(Deleted by Act A912).
87-89.
(Deleted by Act A912).
Saving and transitional