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Version date: 6 June 2022 - onwards
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27. Interpretation of Part 2

(1) In this Part -

"dormant assets money" has the meaning given by section 16(2);

"English expenditure" "Welsh expenditure", "Scottish expenditure" and "Northern Ireland expenditure" have the meaning given by section 17(2);

"financial year" means a period of 12 months ending with 31 March;

"reclaim fund" has the meaning given by section 5(1).

(2) A reference in this Part to the distribution of money is to be read as including a reference to making or entering into arrangements in accordance with section 16(3), and related expressions are to be read accordingly.

See also section 16(5).

Comparing proposed amendment...