23 Arrangements between reclaim fund and institutions
Dormant Assets Act 2022 (2022 c 5) | Legislation

23  Arrangements between reclaim fund and institutions

(1)     An authorised reclaim fund may only accept transfers of any description from an institution if the reclaim fund has made contractual or other arrangements with the institution that the reclaim fund considers to be a satisfactory basis for accepting transfers of that description.

(2)     The arrangements must include provision requiring the taking of steps by the institution, whether before or after a transfer is made, for reuniting assets with their owners.

(3)     The steps required

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