Section 149: Where deficiency of assets to pay legacies, specific legacy not to abate with general legacies CHAPTER XV OF DEMONSTRATIVE LEGACIES
The Succession Act · Federal Acts · Part VI · in_force
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Where deficiency of assets to pay legacies, specific legacy not to abate with general legacies. If there is a deficiency of assets to pay legacies, a specific legacy is not liable to abate with the general legacies. CHAPTER XV OF DEMONSTRATIVE LEGACIES
Related sections
Section 148: Sale and investment of proceeds of property bequeathed to two or more person in successionSection 150: Demonstrative legacy definedSection 147: Retention, in form of specific bequest to several persons in successionSection 151: Order of payment when legacy directed to be paid out of fund the subject of specific legacy CHAPTER XVI OF ADEMPTION OF LEGACIESSection 146: When enumerated articles not deemed specifically bequeathedSection 152: Ademption explained
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