Seanad debates

Wednesday, 12 February 2003

Unclaimed Life Assurance Policies Bill 2002: Committee Stage.

 

10:30 am

Derek McDowell (Labour)

Once the money has been handed over and subsequently claimed, for example, five years later, is it the intention to continue to pay interest for the five years it has been in the fund or will the undertaking insurance company have to pay over that money?

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