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GOVERNMENT LOANS ACT (NORTHERN IRELAND) 1957 - SECT 24

Unclaimed balances in respect of Ulster Loans stock, etc.

24.(1) Where any balances to the credit of any person in respect of the
principal or interest or otherwise of Ulster Loans stock, Ulster Loans
securities or moneys borrowed for the Loans Fund 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 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 sums transferred to the
Exchequer under this section, the Ministry may issue to that person out of the
Consolidated Fund such sum as may appear to it to be necessary to provide for
the said payment.

© 1957 Crown Copyright

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