Amendment of regulation 5C5.
In regulation 5C (treatment of certain sums held in dormant accounts)10—
(a)
in paragraph (1), after “section 1 or 2 of the Dormant Bank and Building Society Accounts Act 2008 (“the 2008 Act”)” insert “or sections 2, 5, 8, 12 or 14 of the Dormant Assets Act 202211”
,
(b)
in paragraph (2)(a), omit “cash”, and
(c)
in paragraph (2)(b)—
(i)
omit “cash”, and
(ii)
omit “, with the same account manager”.