196AC
CurrentTransfer of benefit under the Commonwealth Unclaimed Money Act Part 3
Part 4Retirement Income Scheme
Division 6Pension and other benefits
196AC Transfer of benefit under the Commonwealth Unclaimed Money Act Part 3
If —
(a)
the Retirement Income Scheme is a prescribed scheme; and
(b)
a benefit payable to or in respect of a member is unclaimed money,
the Board is to transfer the benefit to the Commonwealth Commissioner of Taxation by including the amount of the benefit in a payment made in accordance with the Commonwealth Unclaimed Money Act Part 3.
[Regulation 196AC inserted: Gazette 6 Jan 2015 p. 30.]
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