Trustee to pay moneys into Treasury

(1) Every trustee shall, except as in subsection (2) of this section provided, pay into the Treasury to a deposit account all moneys received by him as such trustee, and the Accountant General is hereby authorised to receive them and grant receipts therefor. (2) All moneys so paid into the Treasury shall be repayable to the trustee as he may require them, subject to his giving proper receipts. (3) If a trustee at any time retains for more than ten days a sum exceeding two hundred and fifty dollars, or such other amount as the court in any particular case may authorise him to retain, then, unless, he explains the retention to the satisfaction of the court, he shall pay interest on the amount so retained in excess at the rate of twenty per centum per annum, and shall have no claim for remuneration and may be removed from his 67