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s 11

Failure to pay unclaimed amounts

In force
Part 3Unclaimed amounts payable by companies

11 Failure to pay unclaimed amounts

(1)

A company must not fail to pay any amount to the public trustee and guardian as required by this part.

Maximum penalty: 100 penalty units.

(2)

It is a defence to a prosecution for an offence against subsection (1) that, in relation to the amount in question, the defendant complied with the requirements of a corresponding law that applied in relation to the amount.

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