238. Any amount due to a member or beneficiary affected by the total termination of the pension plan that is not claimed within three years following the notice under section 203 or 240.1, as the case may be, shall be transferred to the Public Curator; the amount may, however, be transferred before the expiry of that time if the only benefits remaining to be settled are due to untraceable members or beneficiaries. The transfer shall be accompanied by a statement setting out the amount due and indicating, where applicable, the name and last known address of the member or beneficiary.
The provisions of the Public Curator Act (chapter C-81) pertaining to unclaimed property shall apply to the amount so transferred to the Public Curator.
1989, c. 38, s. 238; 1997, c. 80, s. 76.