Veterans Estates Regulations — 6
6 (1) Where, prior to the death of a veteran, (a) he had money on deposit in a bank, post office or other financial institution, (b) a person was indebted to the veteran or held money in trust for him, (c) a person had in his custody or control moneys of the veteran, or (d) the veteran was entitled to an undistributed interest in an estate, the Estates Officer may direct that the amount to which the veteran was so entitled be paid to the Receiver General for credit to the deceased's account. (2) Where the veteran was entitled to an amount jointly with another person or persons, subsection (1) applies thereto if the other person or persons make a request in writing that the Estates Officer distribute that amount with the service estate of the veteran. (3) Where a bank, financial institution or any person has in its or his custody or control a bond belonging to a veteran, the Estates Officer may receive the bond and either sell or present it for redemption, and cause the proceeds to be paid to the Receiver General for credit to the deceased's account or, upon the written request of the person legally entitled upon distribution of the estate, cause the bond to be registered in such person's name or be transferred into bearer form and be delivered to him. (4) Where a bank, financial institution or any person has in its or his custody or control a bond that belonged to a veteran and some other person or persons jointly or in which a veteran has a limited or partial interest only, the Estates Officer may, if the other persons interested therein request the Estates Officer in writing to distribute the bond with the service estate of the veteran, receive the bond and either sell or present it for redemption or, at the request in writing of the person legally entitled upon distribution of the estate, cause the bond to be registered in such person's name or be transferred into bearer form and be delivered to him. (5) Where an amount not exceeding $1,500 is payable under a life insurance policy to the estate of a veteran, the Estates Officer may direct that the amount payable under the policy be paid to the Receiver General for credit to the deceased's account. (6) Where an amount is payable to the legal representatives of a veteran under the provisions of a Government of Canada annuity, the amount so payable may, on the direction of the Estates Officer, be transferred to the credit of the deceased's service account. (7) This section does not apply in respect of the estate of a veteran where (a) the aggregate of the amounts that would otherwise be payable under this section in Canada and the value of the bonds situate in Canada exceeds $2,000; or (b) the aggregate of the amounts that would otherwise be payable under this section outside Canada and the value of the bonds situate outside Canada exceeds $3,000. (8) All amounts paid to the Receiver General under this section shall be distributed with the service estate of the veteran. (9) Where an amount is paid or a bond is delivered pursuant to this section, a receipt therefor and an acquittance in respect of the obligation may be given by the Estates Officer or by any person thereunto authorized by him and a receipt or acquittance given under this section shall have the same effect as though given by the duly authorized legal representatives of the veteran. (10) The Estates Officer may, on behalf of Her Majesty, agree to indemnify any bank, financial institution or any person who makes a payment or delivers a bond under this section against any liability to make the payment or any part thereof to any other person or to deliver the bond to any other person or against liability to pay succession duty in respect of the amount so paid or the bond.