Section 42Part 9 — Miscellaneous
Payment of unclaimed moneys into revenue
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Where —
the principal amount of any registered securities; or
the dividend or interest on any registered securities is due for repayment or payment, as the case may be,
and such principal amount, dividend or interest is not claimed by a stockholder within two years from the date on which that sum became due for repayment or payment, the sum so unclaimed shall be paid into the revenue.
Notwithstanding the payment of any sum into the revenue under subsection (1), where any person shows his right thereto to the satisfaction of the Registrar and the Registrar so certifies in writing under seal, then such sum may be paid from the revenue.
Where the principal amount of any registered securities due for redemption is transferred to the revenue under subsection (1), the Registrar shall, within twelve months after such transfer, publish a notice in the Gazette showing the name of the holder of such registered securities and the amount so transferred.