C-81 - Public Curator Act

Section 26.1 Disposition versions

2011-06-13

26.1. (Repealed).

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

2006-04-01

26.1. Every debtor or holder shall, once a year, transfer to the Minister of Revenue any property that has remained unclaimed after notices were given to interested parties, and any unclaimed property for which a notice was not required.

In addition, the debtor or holder shall file with the Minister of Revenue, at the time the property is transferred, a statement containing a description of the property and all information necessary, as prescribed by regulation, to determine the identity of the interested parties, their place of domicile and the nature and source of their rights. The statement must contain a declaration by the debtor or holder that the required notice was given to the interested parties or indicate, where such notice was not required, the reasons why it was not required.

In addition to the information required of the debtor or holder, the regulation shall prescribe the form of the statement describing the property transferred and require any document in support of the statement. The regulation may determine the procedure pertaining to the transfer of the property and the filing of the related statement; the regulation may also determine, according to classes of debtors or holders, the yearly period during which property must be transferred and statements filed.

1997, c. 80, s. 11; 2005, c. 44, s. 37.

1999-07-01

26.1. Every debtor or holder shall, once a year, transfer to the Public Curator any property that has remained unclaimed after notices were given to interested parties, and any unclaimed property for which a notice was not required.

In addition, the debtor or holder shall file with the Public Curator, at the time the property is transferred, a statement containing a description of the property and all information necessary, as prescribed by regulation, to determine the identity of the interested parties, their place of domicile and the nature and source of their rights. The statement must contain a declaration by the debtor or holder that the required notice was given to the interested parties or indicate, where such notice was not required, the reasons why it was not required.

In addition to the information required of the debtor or holder, the regulation shall prescribe the form of the statement describing the property transferred and require any document in support of the statement. The regulation may determine the procedure pertaining to the transfer of the property and the filing of the related statement ; the regulation may also determine, according to classes of debtors or holders, the yearly period during which property must be transferred and statements filed.

1997, c. 80, s. 11.