240Payments to executors and administrators

240 Payments to executors and administrators (1) This section applies if, because of the death of a former occupant of residential premises in a retirement village, a payment under this division must be made to the executor or administrator of the former occupant’s estate. (2) The operator of the village must sight a grant of administration in relation to the estate before making a payment. (3) However, if the operator is unable to find out the identity of the executor or administrator— (a) the operator may apply to the ACAT for an order directing the operator to deal with the money as stated in the order; and (b) the operator does not incur any liability in relation to the operator’s dealing with the money in accordance with the order. grant of administration means— (a) grant of probate, or of letters of administration, under the Administration and Probate Act 1929; or (b) a grant of an order to collect and administer under that Act, section 88; or (c) an election to administer under that Act, section 87C; or (d) a corresponding grant or election under a law in force in a State or another Territory.