In this article—

• F4...

• F5“dealing with unwanted asset money” means—

  1. a

     the acceptance of transfers of amounts as mentioned in section 21(2)(b) of the Dormant Assets Act 2022, and

  2. b

     dealing with those funds (so far as they are not needed for either of the purposes mentioned in section 5(1)(c)(ii) or (iii) of the Dormant Bank and Building Society Accounts Act 2008) with a view to their transfer to the body or bodies for the time being specified in section 16 of the Dormant Bank and Building Society Accounts Act 2008;

• F6“dormant assets funds”, “reclaim fund” and “repayment claims” have the same meaning as in section 5 of that Act;

• F7“management of dormant assets funds” means—

  1. a

     the acceptance of transfers of amounts as mentioned in section 1(1)(a) or 2(1)(a) of the Dormant Bank and Building Society Accounts Act 2008 or 2(1)(a), 5(1)(a), 8(1)(a), 12(1)(a) or 14(1)(a) of the Dormant Assets Act 2022,

  2. b

     F9the management of those funds in such a way as to enable the reclaim fund to meet whatever repayment claims it is prudent to anticipateF8, and

  3. c

     dealing with those funds with a view to the transfer of amounts to the body or bodies for the time being specified in section 16 of the Dormant Bank and Building Society Accounts Act 2008.