(1) A claimant shall make a claim for abandoned property pursuant to section 173(1)(b) and (c) of the Act, to the Minister in Form 6 as set out in the Schedule.
(2) The form under subregulation (1) must be completed in triplicate and one copy shall be retained by the —
(a) claimant;
(b) Minister for a period of 11 years; and
(c) Central Bank for a period of 11 years.
(3) A claim under subregulation (1) must be —
(a) signed by the claimant;
(b) notarized by a Notary Royal; and
(c) supported by affidavit evidence.
(4) On receiving a claim under subregulation (1), the Minister shall verify that the claimant is the rightful and legal owner of the abandoned property.
(5) In verifying a claim under subregulation (4) the Minister shall consider —
(a) the names of the owner and the claimant;
(b) whether the safe deposit box number in the claim and that associated with the abandoned property are the same;
(c) any documentary evidence of address of the owner on record or of the business relationship with the licensed financial institution or licensed financial holding company;
(d) any documentary evidence of legal authorization to claim the abandoned property if the claimant is not the owner; and
(e) any other document or record that the Minister may consider substantive to the validity of the claim and identity of the owner and the legal authority of the claimant.
(6) The Minister shall submit to the Central Bank quarterly records of claimed abandoned property in Form 7 as set out in the Schedule.
(7) The form under subregulation (6) must be completed in duplicate and one copy shall be retained for a period of 11 years by the —
(a) Minister; and
(b) Central Bank.