Cheques. (a) Cheques issued by the Trustee that are not presented within six Months, or such lesser period as determined by the Trustee, may be cancelled. (b) Where a cheque which is cancelled was drawn in favour of a Unit Holder, the Trustee may either: (i) hold the money for the Unit Holder; or (ii) pay the money in accordance with the legislation relating to unclaimed money.
Appears in 3 contracts
Sources: Trust Deed, Trust Deed, Reference User Funding Agreement (Rufa)