Section 327: Abatement of general legacies
The Succession Act · Federal Acts · Part IX · in_force
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If the assets, after payment of debts, necessary expenses and specific legacies, are not sufficient to pay all the general legacies in full, the latter shall abate or be diminished in equal proportions, and, in the absence of any direction to the contrary in the will, the executor has no right to pay one legatee in preference to another, or to retain any money on account of a legacy to himself or to any person for whom he is a trustee.
Related sections
Section 326: Executor or administrator not bound to pay legacies without indemnitySection 328: Non abatement of specific legacy when assets sufficient to pay debtsSection 325: Debts to be paid before legaciesSection 329: Right under demonstrative legacy when assets sufficient to pay debts and necessary expensesSection 324: Application of moveable property to payment of debts where domicile not in indiaSection 330: Rateable abatement of specific legacies
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