Clause 27

Section 135 of the Ordinance is hereby amended by inserting immediately after subsection (5) thereof the following new subsections: —“(6) All unclaimed dividends and money remaining unclaimed or undistributed after a final dividend has been declared shall stand at the credit of the Bankruptcy Estates Account for seven years and if they remain unclaimed at the expiration of that period they shall be credited to the Consolidated Fund.(7) If any claim is made to any part of the unclaimed dividends or money so transferred to the Consolidated Fund and if such claim is established to the satisfaction of the Official Assignee, the amount certified by the Official Assignee to be due to the claimant shall be paid to him, without interest, from the Consolidated Fund.”.