Interpretation

In force

(1)

In this Act—

bailment includes bailment for reward, bailment in the course of business, gratuitous bailment, involuntary bailment and sub-bailment;

Court means—

(a)

in relation to a question affecting unclaimed goods of which the value does not exceed $100 000—the Magistrates Court;

(b)

in relation to a question affecting unclaimed goods of which the value exceeds $100 000—the District Court or the Supreme Court;

personal document means—

(a)

a birth certificate; or

(b)

a passport; or

(c)

any other identity document; or

(d)

a document containing personal financial information; or

(e)

a document containing personal medical information; or

(f)

a legal document pertaining to a person (not being a document that is available to the public); or

(g)

a licence; or

(h)

any other document conferring an authority, right or qualification; or

(i)

a personal photograph; or

(j)

any other document prescribed by the regulations for the purposes of this paragraph;

PPS

Register means the Personal Properties Securities Register established under the Personal

Property Securities Act 2009 of the Commonwealth;

provider means a person who gives possession of goods under a bailment (whether or not the person is the owner of the goods);

recipient means a person in possession of goods under a bailment;

relevant person, in relation to unclaimed goods, means each of the following:

(a)

the provider of the unclaimed goods;

(b)

if the recipient knows the identity of an owner of the unclaimed goods—the owner of the unclaimed goods;

scale

1, in relation to the value of unclaimed goods, means—

(a)

in the case of unclaimed goods consisting of, or including, a motor vehicle—a value of $1 000 or less; or

(b)

in any other case—a value of $200 or less;

scale

2, in relation to the value of unclaimed goods, means—

(a)

in the case of unclaimed goods consisting of, or including, a motor vehicle—a value of more than $1 000 but less than $20 000;

(b)

in any other case—a value of more than $200 but less than $20 000;

scale

3, in relation to the value of unclaimed goods, means a value of

$20 000 or more;

unclaimed goods—see section 5.

(2)

For the purposes of this Act, the scale in which the value of unclaimed goods left in the possession of a recipient lie is to be determined by reference to the cumulative value of the goods (and not by reference to the individual value of each good).

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3 Interpretation