The Government Savings Banks Act, 1873
Section 5Payment to be a discharge
DEPOSITS BELONGING TO THE ESTATE OF DECEASED PERSONS
s. 5
5. Payment to be a discharge Such payment shall be a full discharge from all further liability in respect of the money so paid: [Saving of right of executors] But nothing herein contained precludes any executor or administrator, or other representative of the deceased, from recovering from the person receiving the same the amount remaining in his hands after deducting the amount of all debts or other demands lawfully paid or discharged by him in due course of administration. [Saving of right of creditor] And any creditor or claimant against the estate of the deceased may recover his debt or claim out of the money paid under this Act or Act No. XXVI of 1855, to any person, and remaining in his hands unadministered, in the same manner and to the same extent as if the latter had obtained letters of administration of the estate of the deceased.