Victorian Numbered Acts

JUSTICE LEGISLATION AMENDMENT (SUCCESSION AND SURROGACY) ACT 2014 (NO. 80 OF 2014) - SECT 25

    (1)     For section 79(1)(a) of the Administration and Probate Act 1958 substitute —

    "(a)     the value of an estate is estimated not to exceed the maximum monetary value specified in section 71(1A); and".

    (2)     In section 79(1)(b) of the Administration and Probate Act 1958 —

        (a)     omit ", 10A"; and

        (b)     omit "or elect under section 11A of the Trustee Companies Act 1984 to administer the estate".

    (3)     In section 79(2) of the Administration and Probate Act 1958 , for "a daily newspaper circulating generally throughout Victoria" substitute "accordance with the Rules".

    (4)     After section 79(2) of the Administration and Probate Act 1958 insert —

    "(2A)     State Trustees must file the deceased's will, if one exists, with the registrar of probates as soon as practicable after giving notice under subsection (2).".

    (5)     After section 79(3) of the Administration and Probate Act 1958 insert —

    "(3A)     If in the course of administering an estate to which this section applies the value of the estate is found to exceed 120 per cent of the maximum monetary value specified in section 71(1A), State Trustees must, as soon as practicable—

        (a)     notify the registrar of probates in writing of that fact; and

        (b)     apply for a grant of probate or administration of the estate.".