77Breach of condition of administration bond

77 Breach of condition of administration bond

(1)  If it appears to the satisfaction of the Court or a judge that a condition of an administration bond has been broken, the Court or judge may order that the bond is to be assigned to such a person as may be specified in the order.

(2)  The person to whom an administration bond is assigned under subrule (1) has standing –

(a) to sue in relation to that bond in his or her own name as if it had been originally given to him or her; and

(b) to recover, as trustee for all persons with an interest in the estate, the full amount recoverable in respect of the breach of the condition of the bond.