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30/09/20 11:21 1 min read

Dormant Account Funding for Tallaght

The government has announced a number of projects that are to receive funding from the Dormant Accounts Fund.

Dormant accounts

The main purpose of the Dormant Accounts Acts is to reunite account holders with their funds. Unclaimed funds are transferred to the Dormant Accounts Fund, which is managed by the National Treasury Management Agency. Whilst the beneficial owner has a right to reclaim their money at any time, the Acts provide for the use of unclaimed funds for measures that address economic, social and educational disadvantage, or support those with a disability.