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EXCHEQUER AND FINANCIAL PROVISIONS ACT (NORTHERN IRELAND) 1950 - SECT 19A

Unclaimed balances in respect of Exchequer borrowings.

19A.(1) Where any balances to the credit of any person in respect of the
principal or interest or otherwise of Ulster Savings Certificates, securities
issued or moneys borrowed under or by virtue of section eleven of this Act
shall have remained dormant or unclaimed in the hands of the Ministry for a
period of six years at least before the first day of January then last past,
the Ministry may direct that such balances shall be transferred to the
Exchequer.

(2) Where the Ministry is satisfied that any person making a claim in that
behalf is entitled to any payment in respect of the sums transferred to the
Exchequer under this section, the Ministry may issue to that person out of the
Consolidated Fund such sums as may appear to it to be necessary to provide for
the said payment.]

Construction of references to Consolidated Fund.



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© 1950 Crown Copyright

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