s.8Register of dormant accounts
8
Section 8Part 0 —

Register of dormant accounts

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Subject to subsections (2) and (3), an account provider shall keep and maintain a register of dormant accounts.
An account provider shall enter in the register kept under subsection (1), the following particulars in respect of dormant accounts from which, within the past six years, monies have been transferred to the Government under section 7 —
(where known) the name, date of birth and last known address of the dormant account holder and any other details which would enable the dormant account holder to be identified;
the dormant account number, if any;
if a notification was sent to the dormant account holder under section 5, the date on which and, if different from the address referred to in paragraph (a), the address to which, the notification was sent;
if a notice was published under section 6, the date on which the notice was published;
the date on which the monies were deemed to be held in a dormant account;
the date of the transfer of the monies to the Government and the amount transferred; and
any other matters that may be prescribed.
The register under subsection (1) may be kept in any form capable of being converted into a legible form and being used to make a legible copy or reproduction of any entry in the register.
Subject to subsection (5), the register kept under subsection (1) shall not be open to public inspection.
Nothing in subsection (4) shall be construed as restricting the right of a person, who proves to the satisfaction of an account provider that he is, or may be, a dormant account holder, to inspect the register kept under subsection (1) with regard to the dormant account concerned.
An account provider that fails to keep and maintain a register in accordance with this section commits an offence and is liable on summary conviction to a fine of ten thousand dollars.

Cross References