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B-5.1 - Unclaimed Property Act

Section 8
Disposition versions

Full text
8. The debtor or holder owes interest, calculated on the value of the property the debtor or holder is required to deliver to the Minister, from the date by which the debtor or holder is required to deliver the property to the Minister in accordance with section 6.
The interest is paid on delivery of the property, at the rate set for debts owed to the State under section 28 of the Tax Administration Act (chapter A-6.002). The interest is capitalized daily.
2011, c. 10, s. 8.
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