Chapter 10 - Resealing of Grants Flashcards
1
Q
RESEALING OF GRANTS
Overview
A
1) What is resealing of grant
2) Powers to reseal grant
3) Security bond
2
Q
RESEALING OF GRANTS
What is resealing of grants
A
xx
3
Q
RESEALING OF GRANTS
Powers to reseal grant - small estate
A
S.6 SEDA
- powers of HC to reseal grants made outside Malaysia;
- estate must be categorised as small estate.
4
Q
RESEALING OF GRANTS
Powers to reseal grant - grants by Commonwealth countries
A
S.52 PAA
- grants granted by Commonwealth countries can be resealed by Malaysian HC;
- effect: operate the same way as grant made by Malaysian HC.
- EFFECT: Parties will not be able to deal with all assets in Malaysia until a resealing order is obtained. The Bank and government bodies e.g land office will require an order from a Malaysian court.
5
Q
RESEALING OF GRANTS
Powers to reseal grant - grants by British court
A
S.53 PAA
- grants granted by British court may be resealed in Malaysia.
6
Q
SECURITY BOND
Overview
A
1) Need for security bond in general
2) Need for security bond for creditors
7
Q
SECURITY BOND
Need for security bond - general
A
S.55 PAA
- Security bond must be given for the purpose of resealing an LA.
8
Q
SECURITY BOND
Need for security bond - creditors
A
S.56 PAA
- Need for security for creditors in Malaysia;
- Applicable if the deceased was carrying a business or resided in Msia within 12 months of death.
- Creditors can give request for notice of resealing.
9
Q
PROCEDURES TO RESEAL GRANTS
The law & procedures
A
1) O.71, r.5:
- mode: OS
- form: Form 6
- affidavit: Form 159
- time: 3 years, delay must be explained
2) O.71, r.7:
- exhibits:
- the will must be an exhibit to the affidavit.
- non-english will must be translated & certified by a Court interpreter.