(1) An administrator
may, instead of acting personally, employ and pay an agent, whether a
solicitor, accountant, bank, stockbroker or other person, to transact any
business or do any act required to be transacted or done in the management or
administration of the estate, including the receipt and payment of money, and
the keeping and audit of accounts.
(2) An administrator
is not liable for any default on the part of an agent employed under
subsection (1) in good faith and without negligence.
(3) Nothing in this
section affects section 50 of the Public Trustee Act 1941 4 .
[Section 76 amended: No. 17 of 2014 s. 22(4).]