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Section 8: Sums due to sequestrators

Deposits (Supreme Court) Act

consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

8. Sums due to sequestrators (1) Where a sum forming part of the price of an estate sold at the bar of the Supreme Court is payable on account of the expenses of sequestration of the estate, such sum shall be paid in the presence of the Master by the purchaser to the sequestrator, or to a person duly authorised by the sequestrator to receive it, and the receipt of the sequestrator or person aforesaid for the sum shall form part of the record of the judgment of adjudication of the estate. (2) Nothing in subsection (1) shall be taken as restrictive of any powers which the Master may have to order the deposit in the Treasury of any part of a sequestration account which may be the subject-matter of dispute, pending the determination of such dispute.

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