Magistrates' Courts Act, 1944 (Act No. 32 of 1944)Part II : Civil MattersChapter IX : Execution74E. Appointment of administrator |
(1) | When an administration order has been granted under section 74(1), the court shall appoint a person as administrator, which appointment shall become effective only after a copy of the administration order has been handed or sent to him by registered post and, in the event of his being required as administrator to give security, after he has given such security. |
(2) | An administrator may on good cause shown be relieved of his appointment by the court, and the court may appoint any other person in his place. |
(3) | An administrator who is not an officer of the court or a practitioner shall, before a copy of the administration order is handed or sent to him by registered post, give security to the satisfaction of the court and thereafter as required by the court for the due and prompt payment by him to the parties entitled thereto of all moneys which come into his possession by virtue of his appointment as an administrator. |
(4) | An administrator shall not be obliged to give security in respect of his appointment as an administrator of the estate of any particular debtor if he has given or gives security to the satisfaction of the court for the due and prompt payment by him to the parties entitled thereto of all moneys which may come into his possession by virtue of his appointment as administrator of the estate of any debtor, irrespective of whether such appointment was made before or after the date on which the said security was given. |