(1) For the purposes of this Chapter, a balance is an unclaimed balance if a dormancy period, beginning on or after the date on which a notification of eligibility for withdrawal was issued, has ended, and in the dormancy period -

(a) the Authority has issued a notification of eligibility for withdrawal,

(b) since the date of the notification, a dormancy period has ended, and

(c) a specified event did not take place in relation to the balance during the dormancy period.

(2) In subsection (1), "notification of eligibility for withdrawal", in relation to a balance, means a notification issued by the Authority under section 82(1)(d) or section 86(1)(d) that the balance is eligible for withdrawal.