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16.—(1) The appointment of an official of the Court as a judicial trustee shall be an appointment of the holder of that office for the time being, and no further order or appointment shall be necessary by reason only of the person appointed dying or ceasing to hold office.
(2) Any property vested in an official of the Court as a judicial trustee shall, on his dying or ceasing to hold office, vest in the person appointed to succeed him without any conveyance, assignment or transfer.
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