Clause 8

Where, upon the conclusion of the administration of the estate of a person dying testate or intestate, there remain in the hands of the Public Trustee funds of which he is unable to dispose by distribution in accordance with law by reason of the untraceability of the person entitled to give a discharge, or for any other cause, or where the Public Trustee is unable to conclude the administration of any trust as there is remaining in his hands funds of which he is unable to dispose by distribution in accordance with law by reason of the untraceability of the beneficiaries under the trust or for any other cause, the Public Trustee shall credit such funds to an account to be called “the Unclaimed Estates Account” and such funds shall be kept in such account for seven years, and if they remain unclaimed at the expiration of that period such funds together with any interest earned thereon shall be paid into the Consolidated Fund.(2) If any claim is made to any part of the funds so transferred to the Consolidated Fund and if such claim is established to the satisfaction of the Public Trustee, the amount certified by the Public Trustee to be due to the claimant shall be paid to him, without interest, from the Consolidated Fund.”.