20.
| (1) The executor of the estate of the deceased shall pay the estate duty in respect of all property of which the deceased was competent to dispose at his death and may pay the estate duty in respect there of request him to make such payment ;but an executer shall not be liable for any duty in excess of the assets which he has received as executor, or might, but for his neglect or default, have received. |
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| (2) Where property passes on the death of the deceased and his executor is not liable to pay the estate duty in respect of such property, every person to whom any property so passes or is deemed to pass and to the extent of the property actually received or disposed of by him, every trustee, guardian, curator, manager or other person in whom any interest in the property so passing or the management thereof is at any time vested, and every person in whom the same is vested in possession by alienation or other derivative title, shall be liable to pay the estate duty on the property, and shall within the time required by this Act, or such later time as may be allowed, deliver to the Commissioner-General a declaration of property: |
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Sri Lanka Consolidated Acts