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The Court Funds Rules 1987

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Securities of dissolved companies

55.  Where a company has been wound up and the Accountant General has received:—

(i)written notice from the liquidator or from the Department of Trade that no assets are or will be distributable in respect of the securities of the company; and

(ii)written notice from the Registrar of the Companies Registration Office that the company has been dissolved;

he shall withdraw from the Bank the certificate representing any security in that company and shall write-off any such security from the account to which it stands.

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