Page:UKSRO 1890.pdf/363

Whereas it is provided by section 15 of the said Act that any liquidator of a Company (whether wound up by the Court, or under the supervision of the Court, or voluntarily) who has in his hands or under his control any money representing unclaimed or undistributed assets of a Company which have remained unclaimed or undistributed for six months after the date of their receipt shall forthwith pay the same to the Companies Liquidation Account at the Bank of England:

And whereas it is further provided that, for the purpose of ascertaining and getting in any money payable into the Bank of England in pursuance of that section, the like powers may be exercised and by the like authority as are exerciseable under section 162 of the Bankruptcy Act. 1883^[1], for the purpose of ascertaining and getting in the sums, funds, and dividends referred to in that section :

And whereas it is provided by the said section 162 of the Bankruptcy Act, 1883,^[1] that the Board of Trade may at any time order any Trustee or other person empowered to collect, receive, or distribute any funds or dividends under any or either of the Acts of Parliament specified in the fourth schedule to that Act to submit to them an account verified by affidavit of the sums received and paid, and may direct and enforce an audit of the account:

And whereas the Board of Trade have opened an account at the Bank of England, above referred to as the Companies Liquidation Account:

Notice is hereby given to any and every liquidator of a Company forthwith to pay to the said account the money in their hands, or under their control, obtaining in the first instance a Receivable Order from the Board of Trade, and that upon such payment the Board of Trade will furnish to such liquidators & certificate of receipt of the money so paid, which shall be an effectual discharge in respect thereof. Dated this 31st day of December 1890.