11 Meaning of “reclaim amount” in relation to an eligible amount owing by virtue of a collective scheme investment
Dormant Assets Act 2022 (2022 c 5) | Legislation

11  Meaning of “reclaim amount” in relation to an eligible amount owing by virtue of a collective scheme investment

(1)     This section gives the meaning for the purposes of this Act of “reclaim amount” in relation to a transfer of an amount to an authorised reclaim fund as mentioned in section 8(1)(a).

(2)     If the transfer is of share or unit conversion proceeds, the

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