Banking Act · s 84

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s 84Unclaimed money

(1)

For the purposes of this Part, money is unclaimed money if it is money of a kind referred to in section 85 that a bank holds an account that has not been operated on for at least —

(a)

6 years; or

Banking

(b)

such shorter period as may be approved, in any particular case, by the Authority.

(2)

The account may include —

(a)

money whose owner is not identifiable; and

(b)

money owned jointly or severally by two or more persons.