S.I. No. 92/2003 - Unclaimed Life Assurance Policies Act 2003 (Commencement) Order 2003

1. This Order may be cited as the Unclaimed Life Assurance Policies Act 2003 (Commencement) Order 2003.

2. The 10

th

day of March 2003 is hereby appointed as the day on which the

Unclaimed Life Assurance Policies Act 2003

(No. 2 of 2003) comes into operation.

GIVEN

under my Official Seal,

6

th

day of March 2003.

Ēamon Ó Cúiv

Minister for Community, Rural and Gaeltacht Affairs.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

The Unclaimed Life Assurance Policies Act 2003

extends the scheme established under the

Dormant Accounts Act 2001

, to unclaimed life assurance policies in respect of which moneys are payable in the State to policy holders who have correspondence addresses in the State.

This Order provides that the

Unclaimed Life Assurance Policies Act 2003

will come into effect on the 10

th

day of March 2003.

I, Éamon Ó Cuív, Minister for Community, Rural and Gaeltacht Affairs, in exercise of the powers conferred on me by

section 1

(3) of the

Unclaimed Life Assurance Policies Act 2003

(No. 2 of 2003), hereby order as follows