Introduction
The Act
Crown Application
Commentary on Sections
Part 1 – Appointment of judicial factor
Appointment of judicial factor
Interim judicial factor
Conditions for appointment of judicial factor
Qualification for appointment as judicial factor
Finding of caution
Intimation and recording of notice of appointment
Vesting of estate in judicial factor
Warrant to intromit with estate
Remuneration and reimbursement of judicial factor
Guidance about the appointment of judicial factors on the estates of missing persons
Part 2 – Functions of judicial factor
Functions of judicial factor
Power of court to specify functions of judicial factor
Power of judicial factor to require information
Ingathering
Inventory and management plan
Submission of accounts etc.
Investment
Enforcing or defending claims
Duty where estate object of dispute
Part 3 – Dealing etc. with third parties and validity of certain transactions
Part 4 – Distribution of factory estate, termination, recall, and discharge of judicial factor
Termination, recall and discharge after distribution
Inventory and balance sheet
Termination of judicial factory where insufficient funds
Ending of judicial factor’s accountability on discharge
Part 5 – Accountant of Court
Accountant of Court and Depute Accountant
Misconduct or failure of judicial factor
Power of the Accountant to require information
Audit by Accountant
Annual review
Inspection of records held by Accountant
Inconsistency in judgement or practice
Right of judicial factor to require determination as regards decision of Accountant
Part 6 – Miscellaneous and general
Parliamentary History