Chapter 6:01
ADMINISTRATION OF ESTATES
(2) Upon the death of any person who is neither ordinarily resident
within Zimbabwe nor the owner of any property other than—
(a) shares in a company or a building society;
(b) stocks or any rights to dividends due thereon;
(c) moneys invested in participation bonds or any rights to interest
thereon;
(d) moneys deposited with a bank, building society or financial
institution finance house or any rights to interest thereon;
the Master may summarily and without observance of the usual and
customary forms and without requiring security or an account of the
administration and distribution of the estate, sign and seal letters of
administration produced to him under section thirty-five; or if no such
letters are produced, the Master may appoint a person registered
under the Estate Administrators Act [Chapter 27:20] to be executor
dative to administer the estate of the deceased or dispense with
such an appointment and direct the manner in which the estate shall
be administered:
Provided that before the signing and sealing or appointment or
direction—
(a) evidence to the satisfaction of the Master is produced that no
person in Zimbabwe will be prejudiced;
(b) the duty payable in respect of the shares has been paid or
secured to the satisfaction of the Master.
(3) Upon the death of any person domiciled in the United Kingdom
whose only assets in Zimbabwe are shares, the Master or any other
person appointed for the purpose by the Minister may, on the filing
with him of a certificate of the death of such person, an officially
certified copy of the probate or letters of administration in his estate
and an inventory showing that the only assets in such estate in
Zimbabwe consist of shares, authorize the transfer of such shares to
the person entitled thereto, subject to the condition that security for
the payment of estate and succession duty and other charges to be
assessed by the Master and for the payment of the claims of all
creditors of the said estate in Zimbabwe is given to the satisfaction
of the Master or other person appointed by the Minister, as the case
may be:
Provided that no such security shall be required in respect of
creditors if a satisfactory affidavit is lodged to the effect that there
are none.
September 2000-09-27
33
Select target paragraph3
Add to table of contents