South Australian Consolidated Acts

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ADMINISTRATION AND PROBATE ACT 1919 - SECT 70

70—Commission may be allowed to executors, administrators or trustees

        (1)         The Court may allow to any executor, administrator, or trustee, whether of the estate of a deceased person or otherwise, such commission or other remuneration out of the estate or trust property, and either periodically or otherwise, as is just and reasonable.

        (2)         No allowance shall be made to any administrator who neglects—

            (a)         to deliver the statement and account required by section 56, as by such section required, or within such reasonable time as is allowed by the Court; or

            (b)         to dispose of any estate with which he is chargeable according to the due course of administration.

        (3)         Every administrator so neglecting to dispose of any estate with which he is chargeable shall be charged with interest at the rate of seven dollars per centum per annum for such sum and sums of money as from time to time have been in his hands, whether he has or has not made interest thereof.



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