A bill was tabled in Parliament on August 9th to amend the Deceased Persons Estates’ Administration Act.
The amendment pertains to cases where letters of administration are absent.
According to the Explanatory Memorandum of the bill “Section 20 of the Deceased Persons Estates’ Administration Act is amended by the substitution of that section to provide that in the absence of letters of administration, a person may pay to a claimant, money deposited by the deceased person with the person or money owed by the person to the deceased person, a sum not exceeding seven hundred and fifty thousand dollars”.
The amendment adds that the “person with whom the money was deposited by the deceased person or by whom money was owed to the deceased person includes but is not limited to any individual, any body of persons corporate or unincorporate, any financial institution or national insurance body, and includes the State”.
