322. Unclaimed assets to be paid to Official Receiver Flashcards

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  1. Unclaimed assets to be paid to Official Receiver
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General overview
[322.01] Section 322 provides that where there are unclaimed dividend or other moneys which have remained unclaimed for more than six months after they are due and payable, or after making final distribution, any unclaimed or undistributed moneys arising from the property of the company, the liquidator shall immediately pay those moneys to the official receiver to be placed into the Companies Liquidation Account.

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