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Probate Rules 2017
74Amount and form of administration bonds
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74 Amount and form of administration bonds
(1) An administration bond is to be given in the amount of an assessment of the fair and reasonable gross value of the property to be placed in the possession of, or dealt with by, the administrator by means of the grant.
(2) The value of such property is to be verified by affidavit if required by the Registrar.
(3) An administration bond must be in an approved form.