Sections 8-11: Investment assets Section 10: Meaning of "dormant" in relation to eligible amount owing by virtue of a collective scheme investment
This section provides that an investment asset can be classed as dormant if any of the conditions set out in subsections (2), (3) and (5) are met.
	Subsection (2) sets out the first condition, which is applicable to share or unit conversion proceeds. These can be classed as dormant if the owner has been "gone-away" for at least twelve years.
	Subsection (3) sets out the second condition, which is applicable to a redemption proceed, a distribution of income, and orphan monies. These can be classed as dormant if the owner has been "gone-away" for at least six years.
	In subsections (2) and (3), an owner can be defined as "gone-away" if there has been no communication from the owner or anyone acting on their behalf. "Gone-away" is a standard industry term used when an owner cannot be contacted successfully. There are a range of indicators that may be considered when determining if an owner is gone-away, such as whether mail has been returned, an email has bounced back, or a cheque has not been cashed. The precise definition varies and is expected to evolve over time as new technologies emerge. The section captures this concept broadly to allow for these variations.
	Where the owner's other investment asset(s) held by the participant has already been classed as dormant and transferred to the Scheme, subsection (5) allows any further orphan monies received to be transferred immediately.
	Subsection (7) defines a responsible institution as the investment institution assessing whether the asset meets any of the two conditions set out in subsections (2)-(3).
	While the definitions of dormancy do not require this, participants can choose to wait until all of the assets they hold for an owner are dormant before transferring them into the Scheme.