This Act concerns succession and related matters such as the administration of estates of deceased persons. It provides, among other things, for: the among and execution of wills, devolution of estates, distribution on intestacy and grant of representation. The Act also establishes the officer of the Administrator General and defines its functions and powers. All enactments (including this Act) and rules of law relating to: (a) the effect of Probate or Letters of Administration as respects personal estate; (b) the dealing with personal estate before Probate or Letters of Administration; (c) the powers, rights, duties and liabilities of personal representatives in respect of personal estate; (d) the payment of costs of administration; and (e) all other matters with respect to the administration of personal estate, extend and apply, so far as the same are applicable, to real estate as if it were personal estate.
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First colonized by the Spanish, the islands came under British control in the early 19th century. The islands' sugar industry was hurt by the emancipation of the slaves in 1834. Manpower was replaced with the importation of contract laborers from India between 1845 and 1917, which boosted sugar production as well as the cocoa industry. The discovery of oil on Trinidad in 1910 added another important export. Independence was attained in 1962. The country is one of the most prosperous in the Caribbean thanks largely to petroleum and natural gas production and processing.