F1Sch. inserted (1.4.2008) by Police and Justice Act 2006 (c. 48), ss. 40(4), 53(1)(a), Sch. 12 (with s. 40(6)(7)); S.I. 2008/790, art. 3(a)
Modifications etc. (not altering text)
C1Sch. applied (6.4.2010) by Coroners and Justice Act 2009 (c. 25), ss. 67(2)(b), 182(5) (with s. 180, Sch. 22 para. 12(2)); S.I. 2010/816, art. 2, Sch. para. 1
7—(1) If the property is unclaimed it is treated as forfeited.N.I.
(2) The property is “unclaimed” if, by the end of the period for the giving of a notice of claim—
(a)no such notice has been given in relation to it or any part of it, or
(b)the requirements of paragraphs 5 and 6 have not been complied with in relation to the only notice or notices of claim that have been given.
(3) Sub-paragraph (1) applies in relation to a readily separable part of the property as it applies in relation to the property, and for this purpose sub-paragraph (2) applies as if references to the property were to the part.
(4) In this paragraph “readily separable part” has the meaning given by paragraph 1.]