7Unclaimed money

#### 7 Unclaimed money 7 Unclaimed money > > (1) For the purposes of this Act, money is unclaimed money if it is money of a kind referred to in section 8 that an enterprise holds in an account that has not been operated on for at least— > > > > > (a) 2 years, or > > > > > (b) for a particular enterprise—a shorter period of at least 12 months that is— > > > > > > > (i) requested by the enterprise, and > > > > > > > (ii) approved by the Chief Commissioner. > > > (2) The account may include— > > > > > (a) money whose owner is not identifiable, and > > > > > (b) money owned jointly or severally by 2 or more persons. > > **s 7:** Am 2025 No 37, Sch 8\[2\] \[3\].