Dormant Accounts Act, 2001
|
Repayment of moneys transferred to Fund. |
29.—Whenever the moneys standing to the credit of the account under the control of the Minister for Finance and known as the Intestate Estates Fund Deposit Account are insufficient to meet payments to be made under section 36(2) of the State Property Act, 1954 — | |
(a) the Minister for Finance may apply, in writing, to the Agency for repayment to that Account, out of moneys transferred to the Fund under section 36(1)(aa) (inserted by section 28 ) of that Act, of the moneys that are necessary to meet those payments, and | ||
(b) the Agency shall pay those moneys into the Intestate Estates Fund Deposit Account within the period and in the manner that the Minister for Finance may determine. |