1901_UNCLAIMED_BALANCES_ORDINANCE__1885 — Page 1

D. 1884.

the date

ernor-in-

ncil may

lare that

nded for d there- for such

rivileges ernor-in- rdinance adminis- llowance ition for

arbitra-

ther by assigns, › agreed

to buy

k Paul or their

Grestore

·!

or their

shall be

me and

the said

and the

'ecover-

strators,

enacted Existing

are to nd the ig and

tic and n, and

A.D. 1885.] UNCLAIMED BALANCES.

ORDINANCE No. 1 OF 1885.

[No. 1.

455

C 25/2/97

AN ORDINANCE to make provision with respect to Unclaimed A.D. 1885.

Balances.

BR

[2nd March, 1885.]

E it enacted by the Governor of Hongkong, with the advice of the

Legislative Council thereof, as follows:-

Ordinance No. 7 of 1885, with Ordi- nance No. 11

of 1888 8. 5 incorporated.

1. This Ordinance may be cited as the Unclaimed Balances Ordi- Short title. nance, 1885.

Disposal of Unclaimed Moneys.

old balances to revenue of

2. (1.) All sums of money which, at the commencement of this Transfer of Ordinance, have remained unclaimed in the Colonial Treasury for a period of five years or longer shall be transferred to the general revenue the Colony. of the Colony, subject to the provisions of this Ordinance for their refund if claimed after such transfer.

(2.) Lists of such sums shall forthwith be published in The Gazette, with a notice calling upon the owners thereof to claim them.

3.-(1.) Any sum of money, other than the balance of an intestate estate, which after the commencement of this Ordinance may from any cause be unclaimed in the Colonial Treasury may, on the expiration of five years from the date of payment of such sum into the Treasury, be transferred to the general revenue of the Colony, subject to the pro- visions of this Ordinance for its refund if claimed after such transfer.

(2.) A transfer under the provisions of this section shall be made by an order under the hand of the Governor, which order, with the parti- culars of the sums so transferred, shall be published in The Gazette, be and shall state the conditions on which a refund of such sums may obtained.

*

Future trans-

fer of un-

aimed balances other

than intestate estates.

ment as to intestate

4. On the expiration of one year from the date of the decease of Advertise- any person dying intestate, where administratión has been granted to the Official Administrator, and the next of kin of the deceased are not estate. known to the Official Administrator, the Official Administrator shall cause advertisements to be published in this Colony and also, where in his opinion it is possible, in the mother country of the deceased, to the effect that, if no claimant appears within twelve months to claim any funds remaining from the estate of such deceased person, such funds will be transferred to the revenue of this Colony: Provided that such advertisement shall not be necessary where the funds of the estate are less than twenty dollars in value.