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The paymaster shall pay the surplus in the prescribed manner, and subject to the prescribed provisions and exceptions, as follows:
(1)If out of the United Kingdom he may pay thereout any expenses which under the prescribed regulations are chargeable against the surplus, and any debts which are legally payable out of the personal estate of the deceased;
(2)If he knows of a representative of the deceased in the same part of Her Majesty’s dominions, he shall pay the surplus to that representative;
(3)If he does not know of such a representative as above mentioned, and the amount does not exceed [F1£5,000], he may pay or apply all or any part thereof to or for the benefit of such persons in the same part of Her Majesty’s dominions as he knows of and appear to be beneficially entitled to the personal estate of the deceased, or to or for the benefit of any of such persons;
(4)He shall remit the surplus or so much thereof as is not paid or applied in pursuance of this section to the Secretary of State.
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