3046Administration bond—dispensing with bond

3046 Administration bond—dispensing with bond (1) This rule applies in relation to an estate if— (a) all or any part of the estate passes to the person to whom administration is granted; or (b) all or any part of the estate passes to beneficiaries who are of full legal capacity and the beneficiaries consent, in writing, to the administration bond for the estate being dispensed with. (2) On application by an administrator or beneficiary or on its own initiative, the court may dispense with the administration bond in relation to the estate or part of the estate. Rule 3047 (3) The application may be made in the application for letters of administration or by application in the proceeding. Note Pt 6.2 (Applications in proceedings) applies to an application in the proceeding for an order to dispense with an administration bond.