(1) The following applies where a company registered in Scotland has been wound up, and is about to be dissolved.
(2) The liquidator shall lodge in an appropriate bank or institution as defined in section [228(1) of the Bankruptcy (Scotland) Act 2016] (not being a bank or institution in or of which the liquidator is acting partner, manager, agent or cashier) in the name of the Accountant of Court the whole unclaimed dividends and unapplied or undistributable balances, and the deposit receipts shall be transmitted to the Accountant of Court.
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