72.
| (1) In addition to the articles referred to in sections 63 and 68 the articles enumerated in subsection (2) of this section, held by a licensed commercial bank other than such articles so held by an offshore unit of a licensed commercial bank, shall be presumed to be abandoned if the owner has, within a period of ten years immediately after the date of deposit, or payment of funds towards the purchase of shares or other interests, or issuing of instruments, or the date upon which funds held in a fiduciary capacity became payable, or capable of being distributed, or the expiration of the period for which the safe deposit box was rented, as the ease may be
| | (a) not increased or decreased the amount of the deposit or funds or presented the pass book or other record for the crediting of interest or dividends in respect of the articles enumerated in paragraphs (a) and (b) of subsection (2) of this section ; | | |
| | (b) not increased or decreased the principal or accepted payment of principle or income in respect of funds held in a fiduciary capacity; | | |
| | (c) not had any correspondence with the licensed commercial bank concerning such articles; | | |
| | (d) not otherwise indicated an interest in the articles as evidenced by a memorandum concerning them by the licensed commercial bank, | | |
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| (2) The following shall be the articles referred to in subsection (1) :
| | (a) any general deposit (demand, savings or matured time deposit) made in Sri Lanka with that licensed commercial bank together with any interest or dividend thereon excluding any lawful charges; | | |
| | (b) any funds paid in Sri Lanka towards the purchase of shares or other interests in a licensed commercial bank together with any interest or dividend, excluding any lawful charges; | | |
| | (c) any sum payable on cheques or on written instruments, on which the licensed commercial bank is directly liable; | | |
| | (d) any intangible personal property and any income or interest thereon held in a fiduciary capacity for the benefit of another person ; | | |
| | (e) any contents of a safe deposit box upon which the rental period has expired and concerning which notice has been sent by registered post to the last known address of the lessee and to which the lessee has failed to respond within three years. | | |
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Sri Lanka Consolidated Acts