unclaimed moneys definition

unclaimed moneys. ’ means all sums of money which, after the commencement of this Act, become legally payable by a company in respect of policies but in respect of which the time within which proceedings may be taken for their recovery has expired, and includes sums of money payable on the maturity, after the commencement of this Act, of an endowment policy or an endowment insurance policy which are not claimed within seven years after the maturity date of the policy.
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unclaimed moneys means all principal and interest moneys and all dividends, bonuses, profits, and sums of money whatsoever which at any time have become payable (whether before or after the commencement of this Act) by an accountable person, in the course of the person’s trade, business or profession, to the owner and the whole or part of which have been in the possession of the accountable person for 6 years or upwards.
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unclaimed moneys means all principal and interest money, and all dividends, bonuses, profits, and sums of money whatsoever which prior to the passing of this
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Examples of unclaimed moneys in a sentence

  • In the event the credit balance in the Account is remitted to the Registrar of Unclaimed Moneys pursuant the Unclaimed Monies Xxx 0000, the Account will then be closed.

  • South Australian businesses will have reduced administrative burden in complying with the requirements of the Unclaimed Moneys Act 1891 through reduced reporting requirements.

  • Moneys Set Aside for Principal and Interest Held in Trust; Unclaimed Moneys .22 Section 511.

  • December 2019 $4 million Project 3 – Amendment of the Unclaimed Moneys Act 1891 Completion of the project in accordance with the project proposal, including: increasing the minimum unclaimed money to be reported from $10 to at least $50 and removing the advertising requirements.

  • Cardholder is aware of the provisions of the Unclaimed Moneys Act 1965, wherein the Cardholder’s Prepaid Card Account balance will be classified as unclaimed money Two (2) years from the date of the last transaction initiated by the Cardholder, as such funds in the account are required to be transferred to the Registrar of Unclaimed Moneys(RUM).


More Definitions of unclaimed moneys

unclaimed moneys means any moneys payable to a Registered Holder of Units under this Deed which are unclaimed;
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unclaimed moneys. “ means any Excess Monies as defined under Clause 48(c) of this Agreement which have remained and not been refunded to the Cardholder:
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unclaimed moneys means all principal and interest money, and all dividends, bonuses, profits, and sums of money whatsoever, which have been owing to any person (notwithstanding that the recovery thereof may be barred by lapse of time) since the first day of January, One thousand nine hundred and six, and not before, or which shall at any time after the commencement of this
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unclaimed moneys means moneys that are, or form part of, unclaimed property and includes the proceeds of any sale under section 23;
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unclaimed moneys means all principal and interestmoney, and all u'nforfeited dividends, bonuses, profits, and sums of money whatsoever owing to any persm which at any time hereafter elia#-have bas been in the possession
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unclaimed moneys means any policy moneys which, as a result of a contingency happening, has been ascertained by the failed PPF
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unclaimed moneys means all principal and interest money, and all dividends, bonuses, profits, and sums of money whatsoever, which prior to the passing of this Act, or which hereafter, shall have been in the possession of any company for a period of six years or upwards, and in respect whereof no claim shall have been made by the owner against the company, and which shall arise out of any dealing had within the said State by any owner or person with the company:
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