{
  "url": "https://openlegislation.uk/charities-dormant-accounts-scotland-regulations-1995/regulation-10",
  "json_url": "https://openlegislation.uk/charities-dormant-accounts-scotland-regulations-1995/regulation-10.json",
  "legislation": "uksi/1995/2056",
  "legislation_title": "The Charities (Dormant Accounts) (Scotland) Regulations 1995",
  "legislation_url": "https://openlegislation.uk/charities-dormant-accounts-scotland-regulations-1995",
  "path": "regulation/10",
  "kind": "regulation",
  "number": "10",
  "heading": "Section 12(3) cases",
  "text": "Where the nominee has determined to transfer the balance standing to the credit of the dormant body in such accounts as are mentioned in section 12(2) to another recognised body in terms of section 12(3) or (4), he shall—\n(a) apply any interest which he is entitled to apply in accordance with regulations 11 and 12;\n(b) instruct the relevant institution concerned to transfer the balance then standing to the credit of the dormant body in such accounts to that other recognised body and thereafter close the accounts;\n(c) instruct the relevant institution to notify him of the amount of the balance so transferred; and\n(d) inform those concerned in the management or control of that other recognised body of the amount of money so transferred.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/2056/regulation/10",
    "retrieved_at": "2026-10-29T13:04:15.515218+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}