VICIn ForceAct
Unclaimed Money Act 2008
88Proper officer may convert security and Court may make vesting orders
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88 Proper officer may convert security and Court may make vesting orders
(1) Despite any Act or statutory rule to the contrary (other than the Charter of Human Rights and Responsibilities), a proper officer may, for the purposes of payment of money into the Consolidated Fund, at the expiration of the 15 year period required by section 87, sell or otherwise convert money paid into Court.
(2) The Court, on the application of a proper officer, may make an order vesting the money paid into Court in the proper officer in order to facilitate the payment of the money into the Consolidated Fund.