8 Transfer of eligible amount owing by virtue of a collective scheme investment to reclaim fund
Dormant Assets Act 2022 (2022 c 5) | Legislation

Investment assets

8  Transfer of eligible amount owing by virtue of a collective scheme investment to reclaim fund

(1)     This section applies where—

(a)     an investment institution transfers to an authorised reclaim fund a dormant eligible amount owing by virtue of a collective scheme investment, and

(b)     the reclaim fund consents to the transfer.

(2)     On the transfer of the amount—

(a)     a

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