MASTER OF THE HIGH COURT: Guardian's Fund
   
 

What happens with the money if not claimed in time?

After the lapse of a period of five years after the money has become claimable the Master pays the unclaimed money to the Receiver of Revenue Payment Register. This does not mean that the owner of the money cannot claim the money from the Guardian's Fund!

However, after the lapse of a period of thirty years after the money has become claimable the money is forfeited to the State.