Revised Laws of Saint Lucia (2021)

155.   Safe deposits and unclaimed property

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    (1)   Any safe deposit box, the contents of which have not been withdrawn before a date specified by the receiver, shall be opened by the receiver and their contents inventoried and the contents and the inventory shall be deposited by the receiver in the Central Bank.

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    (2)   Any unclaimed property held by the licensed financial institution or licensed financial holding company as bailee, together with inventories, shall be deposited by the receiver in the Central Bank.

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    (3)   Any contents of a safe deposit box or unclaimed property deposited not claimed within a period of 15 years following its deposit in the Central Bank shall be presumed to be abandoned property for the purposes of section 167.