The Registrar is responsible for carrying out the obligations and functions vested under Part II of the Unclaimed Moneys Act 1965 as follows:

  1. As trustee to the unclaimed moneys received;
  2. To refund the unclaimed moneys to claimants who provide proof that he has a legal right over the money to be claimed
  3. To inspect the records of company or firm to ensure compliance with the provisions of the Act;
  4. To suggest the imposition of compound and penalty on company or firm that has committed an offence under the Act.