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(2) The administrator appointed pursuant to this section or the person acting as administrator in accordance with section 4 shall be responsible to the Minister for the proper preparation of the inventory, the giving of all notices and the carrying out of all inquiries and duties that may be necessary or be ordered with respect to any matter referred to in these Regulations.
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(4) An administrator may pay all debts owing by the estate and shall obtain receipts therefor or releases, as the case may be, and where the debt is in the nature of a loan, he may pay the balance owing or, with the consent of the heirs, transfer ownership of the security given for the loan or, with the consent of the band or of the Minister, as the case may be, sell the property upon which a lien exists to guarantee payment of the loan; he may also sell any asset real or personal for the purpose of paying debts owing by the estate, under such conditions as may be prescribed.
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(7) Where a partial distribution cannot be made, or where the heirs cannot agree as to distribution, the administrator may, with the approval of the Minister, convert the net assets into cash and pay those assets to the Receiver General to be credited to the estate pending final distribution to the persons entitled thereto.
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(8) Where the deceased had a deposit with a bank or other financial institution, or where such institution holds bonds or certificates on behalf of the deceased, the administrator may require the financial institution to transfer the moneys to the Receiver General for credit to the estate and to turn over to him the bonds or certificates so that he may sell them and deposit the proceeds to the credit of the estate or dispose of them in such other manner as may be prescribed.
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(14) An administrator shall have all such powers as are required for the carrying out of the duties herein specified, and shall carry out any order or direction and abide by any finding made or given by the Minister with respect to any matter and cause testamentary.