UK: Dormant Assets Act 2022 and Client Money – does this help? (August 2024)
Client Briefings
Introduction
Share
The Dormant Assets Act 2022 (the "Act") was passed on 24 February 2022 at which date s.34 came into force (relating to application and citation). The Act was brought into force in full on 6 June 2022 by The Dormant Assets Act 2022 (Commencement) Regulations 2022, which were passed on 24 May 2022.
