Probate and Administration Act · 1984 Revised Edition · Part IV · Rules for Administration of Property
Section 64
Official textFrom Attorney General's Chambers, unchanged
An executor or administrator shall be responsible to the beneficiaries or heirs for any loss, deterioration or depreciation of the property while in his possession or under his control if caused by hi~ own negligence or default .
..
If an executor or administrator-
continues at a loss a business of which the deceased was sole proprietor; or
allows the deceased's share in any business in which he was a partner and which is being continued at a loss by the remaining partners to remain in the business without taking steps to re-cover such share, he shall be liable to the beneficiaries or heirs to the extent of the loss suffered by the estate, unless he satisfies the Probate
Officer that his conduct was justifiable in the circumstances.
33
Devastavit of executors, etc.
Pl
34
Administra-tors to account for all profit made
Administra-tors to keep accounts
Leases, mortgages etc. by administra-tors
Debts incurred by administra-tors not to be charged on the estate
Terms defined in s 77
probate
Defined · s 77"probate" and "letters of administration" include confirmation in Scotland, and any instrument hav-ing in any other part of the Commonwealth the same effect which under English law is given to probate and letters of administration respectively;
Part VI
Sealing of Grants Made by British Courts Outside Brunei
Part VII