Clause 6

by deleting the words “by the court” in subsection (1);

by deleting “$5,000” in subsection (1) and substituting the words “the prescribed amount”;

by deleting subsection (2) (including the marginal note to the subsection) and substituting the following subsection:“(2) On the Public Trustee undertaking, by declaration in writing signed and sealed by him, to administer the estate, the trust property shall, by virtue of this Act, vest in the Public Trustee.”;

by deleting subsection (6) (including the marginal note to the subsection) and substituting the following subsections:“(6) Where proceedings have been instituted in any court for the administration of an estate, the court may order that the estate be administered by the Public Trustee, subject to such directions as the court may give, where —

by reason of the small value of the estate, it appears to the court that the estate can be more economically administered by the Public Trustee than by any other person; or

for any other reason, it appears to the court that it is expedient that the estate should be administered by the Public Trustee instead of any other person.(6A) The court must not make any order under subsection (6) without having considered the views of the Public Trustee on the matter.(6B) Where the court makes an order under subsection (6), this section applies as if the Public Trustee has given an undertaking under subsection (2) to administer the estate.”; and

by deleting the words “any trust money which is not included in the investment account of the common fund” in subsection (7) and substituting the words “any trust money (forming part of an estate administered by the Public Trustee under this section) which is not included in the Common Fund”.