7.
(1) If within one month after the death of a servicemen or such further time not exceeding the prescribed time as the committee may allow, the preferential charges on such property and money of a deceased servicemen as are referred to in section 2 are not paid or secured to the satisfaction of the committee, the committee shall proceed to pay those charges out of that property and money, and may sell and convert into money such part of that property as does not consist of money for the purpose of paying those charges and any expenses incurred by the committee in effecting the sale and conversion. |
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(2) For the purpose of the exercise of its powers and the performance of its duties under this Act, the committee shall, to the exclusion of all other authorities and persons, have the same powers and duties as an executor or administrator of the estate of a deceased servicemen would have; and any receipt given by the committee shall have the same effect as if it had been given by such executor or administrator. |
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(3) The committee shall deliver to the paymaster such part of the property and money of a deceased servicemen as remains in its hands after payment of the charges and expenses referred to in subsection (1), together with such inventory, accounts, vouchers and information as may be prescribed. |
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