| Payment of policy claims without probate |
| 28. For the purposes of section 61 of the Act, $150,000 is prescribed as the amount of life and personal accident policy moneys which may be paid without probate or letters of administration or without having been included in a schedule or certificate under section 44(2) of the Estate Duty Act (Cap. 96). [S 466/2002 wef 01/10/2002] |