THE UNCLAIMED FINANCIAL ASSETS (AMENDMENT) BILL, 2024
The Unclaimed Financial Assets Act of 2011 (hereafter referred to as the “Act\”) governs the management of unclaimed assets and cash held by the government. Such unclaimed assets encompass both tangible and intangible properties that have not been claimed by their rightful owners. A financial asset is deemed unclaimed when no claims have been made
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Security and Finance
