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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 10 March 2003 - onwards
  Version 3 of 3    

19. Claims for repayment.

(1) Where an institution has transferred moneys from a dormant account to the Fund under section 12, a person (in this section referred to as the "claimant") may claim, from the institution, repayment of moneys so transferred.

(2) A claim under subsection (1) shall be -

(a) in writing,

(b) signed by the claimant, and

(c) accompanied by the documents and information that the institution may require.

(3) Where a claimant proves to the satisfaction of the institution that he or she is the holder of the relevant account, the institution shall, within 28 days from the date of the receipt of the claim, notify the Agency, in writing, of -

(a) the amount of the moneys transferred to the Fund under section 12, and

(b) the amount of any accrued interest on those moneys for the period commencing on the day on which the moneys were transferred to the Fund under section 12 and ending on the twenty-first day after the date of notification to the Agency under this subsection,

and the Agency shall pay

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