The Ministry of Justice (MoJ) is consulting on proposed changes to the Court Funds Rules 2011 to allow the introduction of a 30-year time limit to unclaimed balances remaining with the Court Funds Office (CFO)
These are dormant funds held by the CFO where the beneficiary cannot be found, has failed to claim the funds or is simply unknown.
Under the proposal, right to claim such funds will disappear after 30 years, with the assets being turned over to the Exchequer.
The consultation, which closes on 31 August, can be found here.
