CHAPTER 62
ADMINISTRATION OF ESTATES (TRUST CORPORATIONS) ACT

Arrangement of Sections

   Section

   1.   Short title

   2.   Interpretation

   3.   Special cases

   4.   Power to grant representation to a trust corporation

   5.   Affidavits

   6.   Sealing of grant of probate

   7.   Vesting in the corporation

   8.   Effect

   9.   Penalties

AN ACT

to enable bodies corporate to act as executors and administrators; and to provide for matters incidental to or connected therewith.

[17th August, 1956]

Act 27 of 1956,

Act 13 of 1994,

SI 72 of 1964.

 

1.   Short title

This Act may be cited as the Administration of Estates (Trust Corporations) Act.

 

2.   Interpretation

In this Act, unless the context otherwise requires—

“trust corporation” means—

      (a)   any incorporated banking or insurance or guarantee or trust company which has a capital (in stock or shares) for the time being issued of not less than five hundred kwacha, of which not less than two hundred kwacha shall have been paid up in cash; or

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