Chapter 6:01
ADMINISTRATION OF ESTATES
37 Evidence of foreign letters of administration
A copy, certified by the Master, of the copy of any letters of
administration deposited with him under section thirty-five shall be
admitted in evidence in all legal proceedings in Zimbabwe as though
such certified copy were the original letters, and a certificate under
the hand of the Master to the effect that he has, in accordance with
the said provisions, signed and sealed any letters of administration
authorizing and empowering any person to act thereunder shall be
admitted in all legal proceedings in Zimbabwe as prima facie proof of
the legal right and title of such person to administer so much of the
estate of the deceased person named in such certificate as is situate
in Zimbabwe.
Duties of Executors
38 Inventory by executor
(1) Every executor shall, so soon as letters of administration have
been granted to him in manner aforesaid, forthwith make an
inventory showing the value of all property, goods and effects,
movable and immovable, of whatever kind belonging to the estate
which he has been appointed to administer, and shall in the same
manner from time to time thereafter and so soon as he finds or
knows of any such property, goods or effects belonging to such
estate and not contained in such first-mentioned inventory, make an
additional inventory or inventories, showing the value of all such
last-mentioned property, goods and effects.
(2) Every such executor shall forthwith cause every such inventory
and additional inventory to be transmitted to the Master.
(3) When any such additional inventory is so transmitted by any
executor dative or assumed, he shall find such further security as the
Master may require of him.
39 Penalty for false inventory
If any person required and directed under and by virtue of section
thirty-eight to make or cause to be made an inventory of any estate,
goods or effects wilfully makes a false inventory thereof, he shall be
guilty of an offence and liable to imprisonment for a period not
exceeding five years or to a fine not exceeding two thousand dollars
or to both such imprisonment and such fineand liable to a fine not
exceeding level seven or to imprisonment for a period not exceeding
two years or to both such fine and such imprisonment.
[Section amended by s. 4 of Act 22/2001.]
40 Valuation of assets
When any executor fails to place any value upon the assets or any
portion thereof, or places a value on them which does not meet with
the approval of the Master, the Master may cause the value of such
assets to be appraised by any impartial person or persons and the
value so ascertained shall be taken to be the true value of such
assets for the purposes of this Act.
September 2000-09-27
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