Notifying entity claims
319ZC Notifying entity claims
This section applies if a collection entity has an entity claim against a person in relation to whom relevant money was awarded (the relevant person).
The collection entity may notify the public trustee of the entity claim by giving the public trustee—
written notice of the amount of the entity claim within 1 month after the collection entity is notified under section 319ZB(2); and
evidence of the entity claim that reasonably satisfies the public trustee that—
the relevant person is liable for the entity claim; and
the amount notified is accurate.
An entity claim notified to the public trustee as mentioned in subsection (2) is an eligible entity claim.
The public trustee may reject an entity claim if the collection entity fails to comply with a request for evidence under subsection (2)(b) without reasonable excuse.
The public trustee must give a copy of the written notice or the evidence received under subsection (2) to the chief executive within 14 days after receiving the notice or the evidence.
This Act’s bill:Explanatory memorandum
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