EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations bring into force on 6th June 2022 those provisions of the Dormant Assets Act 2022 (c. 5) that are not already in force. Section 34 (which relates to extent, commencement, construction as one with 2008 Act and citation) came into force on Royal Assent (24th February 2022).

A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.