Dormant Accounts (Amendment) Act 2012

Dissolution of Dormant Accounts Board.

5.— (1) The Board is dissolved on the appointed day.

(2) References to the Board contained, immediately before the appointed day, in any enactment (other than this Act) or in an instrument made under an enactment are to be read on and after the appointed day as references to the Minister.

(3) If required after the appointed day by the Committee of Public Accounts, the person who immediately before that day was the chairperson of the Board shall give evidence to that Committee on any matter that arose during his or her term of office and that relates to the functions of the Board.

(4) Where the chairperson of the Board is required to give evidence under subsection (3), he or she shall not question or express an opinion on the merits of a policy of the Government or a Minister of the Government or on the merits of the objectives of such a policy.