CO129-516-2 Unclaimed Balances Ordinance- 1929 11-3-1929 - 11-3-1929 — Page 6

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non-Government money.

7.

Section 3 provides that all sums of money which, for

a period of at least five years, have remained unclaimed

in the Treasury, or in the hands of any officer of the

Government, shall be at once transferred to the general

revenue of the Colony.

8.

Section 4 provides for the transfer to the general

revenue of future sums which remain so unclaimed, other

than (i) the balances of intestates estates and (ii) sums

of money in the Supreme Court. These two classes of

unclaimed money are dealt with in special ways, balances

of intestates estates being dealt with by sections 5, 6

and 7, and sums of money in the Supreme Court being dealt

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with by section 9. In both these cases the procedure is

more elaborate than under section 4. One class of

balances of intestates estates is reserved for the simpler

procedure of section 4, i.e., balances of intestates estates

administered by the Official Administrator under section

19 of the Probates Ordinance, 1897. That section applies

only to estates which do not exceed $250 in value. The

transfer under section 4 will be made by the Governor under

the hand of the Colonial Secretary. The order and any

conditions attached there to will be published in the

Gazette.

9.

Section 5 provides that where administration is granted

to the Official Administrator in respect of the estate of

any person who has died intestate, and where a balance

from such estate remains in the hands of the Official

Administrator and the next of kin of the deceased are not

known to him, he shall cause advertisements to be published