Scheme definitions clarify account and account holder status and cross-reference meanings to parent legislation. The Scheme defines key terms: account is an account opened under the Scheme; account holder is the individual in whose name the account is held; Act, ... Summary
Scheme definitions clarify account and account holder status and cross-reference meanings to parent legislation.
The Scheme defines key terms: account is an account opened under the Scheme; account holder is the individual in whose name the account is held; Act, Form, General Rules, and year are respectively defined, with "year" fixed as twelve months from deposit. Unspecified words derive meaning from the Act and the General Rules.
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