42Administrator may cease to search for next of kin in certain circumstances

42 Administrator may cease to search for next of kin in certain circumstances

(1)  If the administrator of an intestate estate is of the opinion that the gross value of the estate does not exceed the amount prescribed under section 20(1) of the Public Trustee Act 1930 , the administrator may cease to search for next of kin who may be entitled under this Act to the whole or part of the estate if the administrator considers that the cost of conducting the search is likely to exhaust the whole or a substantial part of the estate.

(2)  Subsection (1) applies if the administrator is the Public Trustee, a trustee company, within the meaning of the Trustee Companies Act 1953 , or an Australian legal practitioner.