Financial Sector Reform (Northern Territory) Act 1999

This section applies if:

before the transfer date a society transferred an amount from a person's deposit account with a society to another account under section 138A(4)(c) of the Financial Institutions Code; and

immediately before the transfer date the amount has not been lawfully totally paid out as mentioned in section 138A(6)(b) of that

Code.

Immediately before the transfer date the amount remaining in the other account for the person is taken to have been transferred back to the person's deposit account as if it had never been classified as a dormant account or closed under section 138A of the Financial

Institutions Code.