Unclaimed Money Act 1995

A public sector superannuation provider must lodge with the Chief Commissioner a return, in a form approved by the Chief Commissioner, of all unclaimed superannuation benefits in the fund that is managed or provided by the public sector superannuation provider as at the end of each half-year.

The public sector superannuation provider must lodge the return—

in relation to a half-year ending on 30 June, on or before the following 1 November, and

in relation to a half-year ending on 31 December, on or before the following 1 May,

If, after the end of a half-year and before the public sector superannuation provider lodges the return with the Chief Commissioner, the public sector superannuation provider pays any unclaimed superannuation benefit to a person who is entitled to it, the return must contain such particulars relating to the amounts so paid as are required by the form.

The public sector superannuation provider, when lodging the return, must pay to the Chief Commissioner an amount equal to the sum of the unclaimed superannuation benefits specified in the statement less the sum of amounts paid by the public sector superannuation provider and specified in accordance with subsection (3).

The Chief Commissioner is to pay money received under this section into the Consolidated Fund.

An approval by the Chief Commissioner of a form or return for the purposes of this section—

may require the return to contain the tax file number of—

the public sector superannuation scheme, and

a member of the public sector superannuation scheme if the return relates to the member and the member has quoted his or her tax file number to the public sector superannuation provider, and

may require or permit the return to be given on a specified kind of data processing device in accordance with specified software requirements.

(Repealed)