THE provincial govern-
ment could have money
that belongs to you —
and they want to give it
back.

More than $200,900 trom
500 VanCity Savings Credit
Union accounts is being held
by the Ministry of Finance’s
unchimed property office until
the owner or an heir is found
and othe money can be

Wednesday, November 22, 2000 — North Shore News - 49

neld in unclaimed property

returned, office director
Michele McBride said) vester-
day.

“Most people who have lett
unclaimed money with the
credit, union have simply for-
gorten about their accounts,”
said McBride. “Some accounts
have also been set up by par-
ents in their child’s name, and
the child doesn’t know it exists.
That's why our office wants to
publicize these accounts —~ to

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duvet covers

tind their owners.”

Credit unions nrust turn
over inactive deposits OF more
than $100 tothe B.C. govern-
ment when no trinsaction has
occurred for 10) vears. “The
VanCiry Savings Credit Union
accounts range from S100 to
$15,000. The credit union
notified owners of their
accounts by mail before hand-
ing over the deposits to the
province.

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The province holds more
than $39 million under the
Unelaimed Property: Act of
which $1.2) million) sits in
2.400 inactive B.C. credit
union accounts. British
Columbians can doa name
search oof the database ai
<ww fin.govbe, ca /upos.

Unelaimed property held
by government includes: intes-
tate estates (death without a
will and nest of kin cannot be

PANASGNIC ‘SHOCKWAVE’
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located}, or money held in
trust for an infant whe can net
be located for 10) years after
reaching 19 years of ages pay-
Ments inte court Uaat have not
been disbursed: undistribuied
assets of a liquidated company,
credit union or trust company;
inactive deposit: accounts held
by cred unions in B.C
codections (Debt Collection
Act); real estate deposits (Real
Estate Acths wages
(Employment Standards Act);
surpius tax sales (Municipal
Act).

ALL KIDS’ REG.-PRICED
DRESS AND CASUAL SHOES

Unchimed property is held
until the heirs are located.
There are no tirne limitations
or tees for searching the data-
base or making a claim.

Owners of the unclaimed
accounts can call Enquiry BC
at 1-800-663-7867 or 060-
2421 and ask to be wansterred
to the unclaiined property
office at (250) 356-0007. E-
miaii inquiries may be sent to
<UnelaimedMonev@g:ms2.g0
v.be.ca>, More information is
available online at
<wawfin.goube ca/upo>.

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