Malaysia legislation
Section 11
Section 11
Disposal of unclaimed moneys
(2)
Any unclaimed moneys credited to the Consolidated Trust
Account (to the extent to which they have not been paid out of the
Consolidated Trust Account under this Part) shall, on the lapse of ten years from the date the moneys were credited to the Consolidated Trust
Account, be transferred to the Consolidated Revenue Account.
(3)
No interest shall be payable on all moneys held in the
Consolidated Trust Account or in the Consolidated Revenue Account under this Part.
Registrar may inspect register, etc., to ascertain whether company or firm is complying with this Part