CO129-516-2 Unclaimed Balances Ordinance- 1929 11-3-1929 - 11-3-1929 — Page 5

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3.

(c) under certain conditions, the balances of

intestates estates administered by the Official

Administrator;

(d) under certain conditions, sums of money, other

than balances of intestates estates, which

remained unclaimed in the Supreme Court for at

least five years.

To enable sums under class (c), the balances of

intestates estates, to be transferred, certain advertisements

were necessary, except where the funds of the estate were

less than 20 in value, and these advertisements had to state

that the funds remaining from the estate would be transferred

to the general revenue if no claim were made within five

years from the death of the deceased. No provision was

made to meet cases in which the necessary advertisements

had not been made, or in which administration had not been

obtained, within five years from the death of the intestate.

Such cases have occurred, and there seemed to be no machinery

whereby due advertisement could be made, so that the money,

if unclaimed, might be transferred to the general revenue of

the Colony.

4.

Further, no provision was made for the transfer to the

general revenue of sums which remained unclaimed in the

hands of some officer other than the Treasurer.

5. The object of the present Ordinance is to meet these

points.

6.

Section 2 was inserted in order to make it quite clear

that the Official Administrator, Official Receiver and

Official Trustee are officers of the Government for the

purposes of this Ordinance, though they deal with