Sections 14-16: Securities assets Section 14: Transfer of eligible proceeds or distribution to reclaim fund
This section provides that a traded public company can transfer dormant proceeds or a distribution relating to a share to an authorised reclaim fund, if the latter consents to it.
	Upon the transfer, the owner no longer has the right to payment of the proceeds or distribution against any traded public company (or, where the shareholder and beneficial owner are different individuals, against the shareholder). Instead, the owner has the right to payment of the proceeds or distribution against the reclaim fund.
	If that person has died, whoever the right to payment would have passed onto has the right to payment from the reclaim fund.
	This section defines the type of traded public company that is eligible to participate in the Scheme as a public company that is traded on a UK-regulated market or UK multilateral trading facility.