Hong Kong Ordinances

TRUSTEE ORDINANCE - SECT 72

Administration of trust estate

(1) Such orders as may seem fit shall be made by the court in respect of the
trust estate and for the investment and payment of any such moneys or of any
dividends or interest on any such securities, and for the transfer and
delivery out of any such securities, and for the administration of any such
trust generally, upon a petition to be presented in a summary way to the court
by such party or parties as to the court may appear to be competent and
necessary in that behalf, and service of such petition shall be made on such
person or persons as the court may see fit and direct.

(2) Every order made upon any such petition shall have the same authority and
effect, and shall be enforced in the same manner, as if the same had been made
in an action regularly instituted in the court.

(3) If in any case it appears that the trust estate cannot be safely
administered without the institution of one or more action or actions, the
court may direct any such action or actions to be instituted. [cf. 1847 c.96
s.2 U.K.]