15Application for extension of time by trustee

15 Application for extension of time by trustee (1) A trustee may apply to the Registrar for an extension of time to— (a) sell, call in or convert property under section 14(1)(a); and (b) pay the unclaimed money to the Registrar under section 14(1)(b); and (c) lodge a statement with the Registrar under section 14(1)(c). (2) An application made by a trustee for an extension of time must— (a) be made no later than 12 months after the expiration of the required period; and (b) be in writing; and (c) state in detail the reason or reasons why the trustee requires an extension of time.