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(1)This section applies where—
(a)the Commission has been informed as mentioned in section 107(1)(a) by any relevant institution, and
(b)before any transfer is made by the institution in pursuance of a direction under section 107(2), the institution has, by reason of any circumstances, cause to believe that the account, or (as the case may be) any of the accounts, held by it in the name of or on behalf of the relevant charity is no longer dormant.
(2)The institution must without delay notify those circumstances in writing to the Commission.
(3)If it appears to the Commission that the account or accounts in question is or are no longer dormant, it must revoke any direction under section 107(2) which has previously been given by it to the institution with respect to the relevant charity.
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