Full legislation
s.7
Principal money and dividend in respect of securities to be placed in books
7.
Principal money and dividend in respect of securities to be placed in
books
Any principal money or dividends received by the Registrar in respect of securities
lodged in court shall be placed in his books, in the case of principal money to the
credit to which the securities whereon such money arose were standing at the time of the
receipt thereof, and in the case of dividends to the credit to which the securities
whereon such dividends accrued were standing at the time of closing of the transfer
books of such securities previously to the dividends becoming due.