35Election to become manager of property

35 Election to become manager of property (1) Where, in respect of property in connection with which an application could be made under section 34, the public trustee and guardian— (a) estimates that the gross value of the property does not exceed $10 000; and (b) is satisfied that— (i) in the interests of the owner of the property or of any other person; or (ii) in order to properly protect or preserve the property; it is necessary or desirable that the public trustee and guardian should become the manager of the property; the public trustee and guardian may, without making an application to the court, elect to become manager of the property by filing in the office of the court a notice of election. (2) On a notice of election being filed by the public trustee and guardian under subsection (1), the public trustee and guardian shall become manager of the property in respect of which the election is made.