566527-1929-Supplementary-Drall-Bills--Unclainest-Balance-Bankraptey-Amendment-Supreme-Court-Amendment — Page 1

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LEGISLATIVE COUNCIL.

Draft Bills.

No. S. 67. The following bills, which it is proposed to introduce at the next meeting of the Legislative Council, are published for general information:-

C.S.O. 3937/28.

[No. 20:-18.2.29.-7 :

A BILL

INTITULED

Short title.

Interpreta- tion.

Transfer of

An Ordinance to consolidate and amend the law with respect to certain unclaimed balances and certain other unclaimed sums.

BE it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows:-

1. This Ordinance may be cited as the Unclaimed Balances Ordinance, 1929.

2. In this Ordinance the term officer of the Govern- includes the Official Administrator, the Official Receiver and the Official Trustee.

ment

2. All sums of money which, at the commencement of old unclaimed this Ordinance, have remained unelaimed in the Treasury Lalances to

or in the hands of any officer of the Government for a of the Colony, period of five years or longer, and have not been transferred to the general revenue, shall be transferred to the general revenue of the Colony.

the revenue

Transfer of

unclaimed

Lalances generally. Ordinance No. 2 of 1897,

Advertise-

menis as to intestates estates.

4.-(1) Any sum of money other than the balance of an intestate estate and other than a sum of money in the Supreme Court, and any balance of an intestare estate administered by the Offeil Administrator under section 19 of the Probates Ordinance, 1897, which, after the com- mencement of this Ordinance, may for any cause he unclaimed in the Treasury or in the hands of any officer of the Government may, on the expiration of five years from the date of payment of such sum into the Treasury, or receipt thereof by snch officer of the Government,

Le transferred to the general revenue of the Colony.

(2) Every transfer of any sum of money thus made to the general revenue of the Colony shall be by order of the Governor under the hand of the Colonial Secretary,

(3) Every order thus made shall state the particulars of the sum transferred and shall contain an intimation that the transfor is subject to the provisions contained in this Ordinance as to refunds.

(4) Every such order shall be published in the Gazette.

5. Where administration has been granted, either before or after the commencement of this Ordinance, 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 hauds of the Official Adminis- trator and the next of kin of the deceased are not known to him, the Official Administrator shall, as soon as may be after the commencement of this Ordinance or after such grant, cause advertisements to be published in the Colony and also, if in his opinion it is desirable, in any place where it appears to him probable that persous entitled to share in the residue of the estate may be found, to the effect that, if no claim is made within five years from the date of the first publication of such advertisement in the Colony, the balance remaining from the estate of such deceased person will be transferred to the general revenue