[2A Return of surplus alternative scheme assets]
Dormant Bank and Building Society Accounts Act 2008 (2008 c 31) | Legislation

[2A  Return of surplus alternative scheme assets]

[(1)     This section applies where an authorised reclaim fund has determined that a proportion of its alternative scheme assets does not need to be retained for the purposes of achieving any of its objects other than the transfer of money to the body or bodies for the time being specified in section 16(1).

(2)     For the purposes of this section the reclaim fund's “alternative scheme assets” are the money and other assets which are—

(a)     held by the reclaim fund, and

(b)     derived from amounts transferred to

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