Court may approve period for carrying on business
49D Court may approve period for carrying on business
This section applies if, at the time of a deceased person’s death, the person was engaged in carrying on a business.
The court may, on application by the personal representative of the deceased person or a beneficiary of the deceased person’s estate—
by order, approve that the personal representative may carry on the business for a stated period, including on the conditions the court considers appropriate; and
make the order retrospective to a stated date.
An application for an order under subsection (2) may be made at any time, whether or not any previous authority to carry on the business, including a previous approval under this section, has ended.
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