Trust may act as executor, &c.
27 Trust may act as executor, &c.
The Trust – may apply for and obtain, or join in applying for and obtaining, probate of the will of a deceased person or letters of administration of his estate, if the Church has a beneficial interest, vested or contingent, in the estate of that person; or may accept appointment, and act, as trustee or co-trustee under and in pursuance of a trust in which the trust property is not vested in the Trust by or pursuant to this Act, being a trust created wholly or partly for the benefit of the Church.
For the purposes of subsection (1)(b), the Trust may do all things necessary for the exercise or performance of its powers, authorities, duties, or functions as executor, administrator, or trustee, as the case may be.
On behalf of the Trust, a member of the Trust or a person employed by the Trust may, if authorized by the Trust for the purpose, swear an affidavit, make a declaration or statement, give security, and do any other act or thing that a charter, Act, or rule of court requires to be done by a person applying for or granted probate or letters of administration or administering a trust, as the case may be.
The Trust – may renounce executorship; may decline to act as administrator of an estate; or may retire, or decline to act, as trustee of property (not being property vested in it by or pursuant to this Act).
Any commission or other remuneration earned by the Trust as an executor, administrator, or trustee appointed pursuant to this section belongs to the Trust and shall be used and applied by it for or towards an object or purpose specified or approved by the Assembly in respect of that remuneration.
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