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LIFE INSURANCE ACT 1995 - SECT 216A

Disclosure of information relating to unclaimed money

  (1)   This section applies if an amount of unclaimed money is specified on a register kept by ASIC under subsection   216(13).

  (2)   A person must not disclose:

  (a)   particulars of the amount of unclaimed money; or

  (b)   particulars of the person to whom the money is payable (the payee );

to a person other than the payee or an agent of the payee.

Note:   This subsection is specified in Schedule   3 to the Freedom of Information Act 1982 with the effect that a document containing particulars protected from disclosure by this subsection is an exempt document under that Act.

  (3)   Subsection   (2) does not apply if the disclosure is authorised by section   216 or 216AA.


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