Section 339: When annuity, to be paid quarterly or monthly, first falls due
The Succession Act · Federal Acts · Part IX · in_force
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Where there is a direction that the annuity shall be paid quarterly or monthly, the first payment shall be due at the end of the first quarter or first month, as the case may be, after the testator’ s death; and shall, if the executor or administrator thinks fit, be paid when due, but the executor or administrator shall not be bound to pay it till the end of the year.
Related sections
Section 338: Commencement of annuity when no time fixed by willSection 340: Dates of successive payments when first payment directed to be made within a given time or on day certain: death of annuitant before date of payment CHAPTER X Investment of funds t o provide for legaciesSection 337: Executor when to deliver legacies CHAPT ER IX Payment and apportionment of annuitiesSection 341: Investment of sum bequeathed where legacy, not specific, given for lifeSection 336: Effect of executor's assentSection 342: Investment of general legacy, to be paid at future time: disposal of intermediate interest
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