Unclaimed Money Act 2008

Subject to subsections (2) and (3), if money has been paid into Court and no claim, application or other proceeding for or in respect of the money is made for a period of 15 years—

after payment out of Court of any part of the money; or

if no payment out of Court has been made, since the payment of the money into Court—

If, based on documents filed in Court, it appears that a person is or may become entitled to make or institute a claim, application or proceeding with respect to money paid into Court but no claim, application or proceeding has been made or instituted because the person—

has not attained the age of 18 years; or

is an insolvent under administration; or

has a disability within the meaning of the Guardianship and Administration Act 2019; or

will become entitled to make or institute a claim, application or proceeding on the happening of an event—

For the purposes of subsection (2), the 15 year period begins to run on the day any of the following occurs, whichever is earlier, according to satisfactory evidence filed in the Court—

the person—

referred to in subsection (2)(a) attains the age of 18 years; or

referred to in subsection (2)(b) is no longer an insolvent under administration; or

referred to in subsection (2)(c) becomes a represented person within the meaning of the Guardianship and Administration Act 2019; or

referred to in subsection (2)(d) becomes entitled because the event referred to in that subsection happens; or

the person dies.