CO129-516-2 Unclaimed Balances Ordinance- 1929 11-3-1929 - 11-3-1929 — Page 7

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to the effect that if no claim is made within five years

The

from the date of the first publication of such advertisements

in the Colony the balance remaining from the estate in

question will be transferred to the general revenue of the

Colony, subject to the provisions of the Ordinance.

advertisement has to be published in the Colony, and also

in any place where it appears probable that persons entitled

to sharing in the residue may be found, if the Official

Administrator considers that such further advertisement is

desirable.

These provisions are also applied to grants

made before the commencement of this Ordinance, but it is

provided that advertisement under this Ordinance will not

be necessary in any case where advertisement had already

been made before the commencement of the Crdinance in

accordance with the law in force at the time of such

advertisement. It is also provided that no advertisement

will be necessary under the Ordinance where the net value

of any estate remaining unadministered at the commencement

of this Ordinance is less than $100 or where the net value

of any future estate is less than 100. Section 4 of the

former Ordinance, No.1 of 1885, required advertisement "in

the mother country of the deceased", a curious phrase.

Section 5 of the present Ordinance requires instead that

advertisement be made, if desirable, in the place or places

where it is most likely to be effective.

10.

Section 6 directs the Official Administrator to

The

pay any unclaimed balances of an intestate estate either

into the Treasury or under the direction of the Treasurer

into an account of the Government at a named bank.

Governor has power to direct that any such sum be transferred

to the general revenue of the Colony, but in the case of a