Unclaimed Money Act 1950

This section applies if, under section 7 (1), particulars of unclaimed amounts have been entered in a register kept by a company for a year.

The company must prepare a written notice setting out the particulars entered in the register for the year.

Not later than 31 March in the next year, the company must—

give the notice, verified by a statement made by an officer of the company, to the public trustee and guardian; and

give public notice—

stating that it holds unclaimed amounts for the previous year; and

explaining how people can find out details of the amounts and claim them.

Note 1 Public notice means notice on an ACT government website or in a daily newspaper circulating in the ACT (see Legislation Act, dict, pt 1).

Note 2 It is an offence to make a false or misleading statement, give false or misleading information or produce a false or misleading document (see Criminal Code, pt 3.4).