Chapter 6:01 ADMINISTRATION OF ESTATES indicate the person who forwarded the amount concerned to the Master. (4) This section shall apply to all amounts held by the Master in the Guardian’s Fund, whether received by him before, on or after the 29th December, 1978, and all advertisements in the Gazette made in respect of such amounts before that date shall be deemed to be notices for the purposes of subsection (2). 105 Prescription of claims to moneys in Guardian’s Fund Any claim to moneys in the Guardian’s Fund. whether they were paid into that Fund before, on or after the 29th December, 1978, shall be made within a period of thirty years— (a) in the case of any amount paid into the Guardian’s Fund because it has not been claimed by the owner, from the date of payment of the amount into the Guardian’s Fund; (b) in the case of any other moneys, from the date upon which the person concerned became entitled to claim the amount; and on the expiration of that period the debt shall be extinguished by prescription and the moneys concerned paid into the Consolidated Revenue Fund: Provided that this section shall not preclude any claims being made before the 1st January, 1980, and no debt shall be prescribed in terms of this section before that date. 106 Investment of moneys to credit of Guardian’s Fund (1) The Master shall, from time to time and as soon as he finds opportunity to do so, invest moneys standing to the credit of the Guardian’s Fund which are not required to meet the current expenditure of the Guardian’s Fund in any of the following— (a) on mortgage of immovable property; (b) in Treasury bills; (c) on deposit with the Treasury; (d) in locally registered securities which are— (i) issued by the State, a municipal council constituted under the Urban Councils Act [Chapter 29:15] or a statutory corporation established by a law in force in Zimbabwe; or (ii) guaranteed by the State; (e) with the Post Office Savings Bank; (f) with an accepting house, commercial bank, discount house or financial institutionfinance house registered as such under the Banking Act [Chapter 24:201]; [Paragraph amended by s. 82 of Act 9/1999.] (g) in shares in or on deposit with a building society registered under the Building Societies Act [Chapter 24:02]; (h) in savings certificates issued in terms of the Savings Certificates Act [Chapter 22:12]; (i) in any other security approved by the Minister and the Minister responsible for finance. September 2000-09-27 55

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