HC Deb 10 July 1972 vol 840 cc233-4W
Mr. Hooson

asked the Attorney-General how many executorships have been accepted by the Public Trustee's Office in the past five years where the original trustees appointed renounced probate.

The Attorney-General

In the five years ending 31st March, 1972, the Public Trustee has been appointed administrator of 27 estates following renunciations by the appointed executors.

Mr. Hooson

asked the Attorney-General during the period of the past five years, how many executorships or trusteeships were accepted by the Public Trustee where the capital of the estate was not in excess of £5,000 and £25,000 respectively.

The Attorney-General

In the five years ending 31st March, 1972, the Public Trustee accepted appointment under 1,104 wills and trusts whose capital value did not exceed £5,000 and, including that number, 2,224 whose capital value did not exceed £25,000.

Mr. Hooson

asked the Attorney-General how many trusteeships of common investment funds were accepted by the Public Trustee during the course of the past five years.

The Attorney-General

None. The only common investment funds which the Public Trustee administers are the Capital Fund, the High Yield Fund and the Gross Income Fund. These were established in 1965 by a scheme made under the Administration of Justice Act, 1965, for the investment of money in court.