29
CurrentBusiness or trustee may apply for repayment of unclaimed money
Part 4Registrar's obligations and powers in respect of unclaimed money
Division 1Registrar's obligations in respect of unclaimed money
29 Business or trustee may apply for repayment of unclaimed money
(1)
Subject to section 31, if a business or trustee has reason to believe that an overpayment of unclaimed money was paid to the Registrar under section 12 or 14, the business or trustee may apply to the Registrar for repayment of the unclaimed money.
(2)
An application for repayment of unclaimed money under subsection (1) must be—
(a)
made within 5 years after the payment of unclaimed money to the Registrar that is the subject of the application; and
(b)
in a form approved by the Registrar.
This Act’s bill:Explanatory memorandumSecond reading speech
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