(1) The Minister shall deposit proceeds from a public auction into the Abandoned Property Fund within 7 business days of the sale.
(2) A deposit made under subregulation (1) must be accompanied by a statement in Form 2 as set out in the Schedule.
(3) The form under subregulation (2) 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.