The Secretary of State must from time to time pay into the Consolidated Fund1 out of the Insolvency Services Account2 so much of the sums standing to the credit of that account as represents:
(1) dividends which were declared before such date as the Treasury may from time to time determine and have not been claimed; and
(2) balances ascertained before that date which are too small to be divided among the persons entitled to them3.
For these purposes, the sums standing to the credit of the Insolvency Services Account are deemed to include any sums paid out of that
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234