The report by a holder of the assets should be filed on or before the first day of November of each year for the twelve-month period ending on the immediately preceding thirtieth day of June. The Authority has discretion to extend the filing date for up to sixty days after the deadline.

A person required to file a report shall at the time of filing pay or deliver to the Authority all abandoned assets that are required to be reported or any balance outstanding. The report to be filed includes all assets that would have been presumed abandoned before the Act came into force.