(1) A deposit must be held by the Accountant General.
(2) The Accountant General may, with the approval of the responsible Minister, invest a deposit under section 56 but a deposit shall not be used to finance appropriations.
(3) A deposit that remains unclaimed for 5 years shall be paid into the Consolidated Fund.
(4) Notwithstanding subsection (3), the Accountant General shall refund a deposit under section 53 to a person who claims to the satisfaction of the Accountant General that he or she has an absolute right to that deposit.
(5) For the purposes of this section, “deposit” does not include monies raised or received for the purposes of Government and paid into the Consolidated Fund, except —
(a) dividends received on an investment; and
(b) unclaimed deposits.