297.
| (1) Compensation shall be allowed to executors and administrators by way of commission as well on property not sold but retained by the heirs as on property sold by such executors and administrators at such rate not exceeding three per centum and on cash found in the estate and on property specially bequeathed, at such rate not exceeding one and a half per centum, as the Public Trustee may, after taking into consideration the circumstances of each particular case with reference to the trouble incurred by such executors or administrators, determine; but in no case shall a larger sum than five thousand rupees be allowed to a sole executor or a sole administrator as such compensation unless it shall be made apparent to the Public Trustee that such unusual trouble has fallen upon him as to entitle him in the opinion of the Public Trustee, to receive further remuneration. |
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| (2) Where there shall be more than one executor or administrator, the compensation payable to them shall be calculated on the basis that each executor or administrator is entitled to the full compensation allowed by law to a sole executor or administrator, and shall be apportioned among them according to the ser-vices rendered by them respectively. Where, however, there are more than three executors or administrators, the total compensation payable shall not exceed the amount payable if there were only three executors or administrators. |
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| (3) Notwithstanding anything contained in the two preceding subsections of this section, where the will provides a specific compensation for an executor or an administrator, he shall not be entitled to any allowance other than that so provided, unless he renounces the specific compensation. |
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Sri Lanka Consolidated Acts