14 Transfer of eligible proceeds or distribution to reclaim fund

Securities assets

14  Transfer of eligible proceeds or distribution to reclaim fund

(1)     This section applies where—

(a)     a traded public company transfers to an authorised reclaim fund any dormant eligible proceeds or distribution relating to a share in the company registered in the name of an individual, and

(b)     the reclaim fund consents to the transfer.

(2)

Powered by Lexis+®

Popular documents