C-81 - Public Curator Act

Section 26 Disposition versions

2011-06-13

26. (Repealed).

1989, c. 54, s. 26; 1997, c. 80, s. 11; 2005, c. 44, s. 37; 2011, c. 10, s. 72.

2006-04-01

26. A debtor or holder of property that becomes unclaimed property within the meaning of this Act shall, within six months preceding the latest date by which the property must be transferred to the Minister of Revenue pursuant to section 26.1, give the interested party at least three months’ written notice describing the property and indicating to the interested party that the property will be transferred to the Minister of Revenue if it is not claimed within the allotted time.

The debtor or holder is not, however, required to give the notice if the debtor or holder cannot, by reasonable means, ascertain the interested party’s address, if the value of all the property not claimed by the interested party is less than $100, or in other cases determined by regulation.

1989, c. 54, s. 26; 1997, c. 80, s. 11; 2005, c. 44, s. 37.

1999-07-01

26. A debtor or holder of property that becomes unclaimed property within the meaning of this Act shall, within six months preceding the latest date by which the property must be transferred to the Public Curator pursuant to section 26.1, give the interested party at least three months’ written notice describing the property and indicating to the interested party that the property will be transferred to the Public Curator if it is not claimed within the allotted time.

The debtor or holder is not, however, required to give the notice if the debtor or holder cannot, by reasonable means, ascertain the interested party’s address, if the value of all the property not claimed by the interested party is less than $100, or in other cases determined by regulation.

1989, c. 54, s. 26; 1997, c. 80, s. 11.

1990-04-15

26. Every holder of moneys intended to pay interest and to repay bonds or other evidences of indebtedness which have not been claimed within three years from maturity must immediately make a declaration to that effect to the Public Curator and, at the same time, remit to him the moneys he holds.

The same rules applies to every insurer who has issued an insurance policy on the life of a person of which the beneficiary is unknown or untraceable, and to every person in possession of such a policy, as regards the proceeds of the policy held by them.

1989, c. 54, s. 26.