Part 2DISTRIBUTION OF DORMANT ASSETS MONEY

Interpretation

27Interpretation of Part 2

(1)

In this Part—

F1dormant assets money” has the meaning given by section 16(2);

“English expenditure”, “Welsh expenditure”, “Scottish expenditure” and “Northern Ireland expenditure” have the meaning given by section 17(2);

financial year” means a period of 12 months ending with 31 March;

reclaim fund” has the meaning given by section 5(1).

(2)

A reference in this Part to the distribution of money is to be read as including a reference to making or entering into arrangements in accordance with section 16(3), and related expressions are to be read accordingly.

See also section 16(5).