Commonwealth Consolidated Acts

SUPERANNUATION (UNCLAIMED MONEY AND LOST MEMBERS) ACT 1999 - NOTES

No. 127, 1999

Compilation No. 42

Compilation date: 28 September 2022

Includes amendments up to: Act No. 127, 2021

Registered: 4 October 2022

This compilation includes commenced amendments made by Act No. 112, 2020

About this compilation

This compilation

This is a compilation of the Superannuation (Unclaimed Money and Lost Members) Act 1999 that shows the text of the law as amended and in force on 28 September 2022 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.

Self-repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Endnotes

Endnote 1--About the endnotes

The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

Abbreviation key--Endnote 2

The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history--Endnotes 3 and 4

Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.

Editorial changes

The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.

If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.

Misdescribed amendments

A misdescribed amendment is an amendment that does not accurately describe the amendment to be made. If, despite the misdescription, the amendment can be given effect as intended, the amendment is incorporated into the compiled law and the abbreviation "(md)" added to the details of the amendment included in the amendment history.

If a misdescribed amendment cannot be given effect as intended, the abbreviation "(md not incorp)" is added to the details of the amendment included in the amendment history.

Endnote 2--Abbreviation key

 

ad = added or inserted	o = order(s)
am = amended	Ord = Ordinance
amdt = amendment	orig = original
c = clause(s)	par = paragraph(s)/subparagraph(s)
C[x] = Compilation No. x	/sub-subparagraph(s)
Ch = Chapter(s)	pres = present
def = definition(s)	prev = previous
Dict = Dictionary	(prev ... ) = previously
disallowed = disallowed by Parliament	Pt = Part(s)
Div = Division(s)	r = regulation(s)/rule(s)
ed = editorial change	reloc = relocated
exp = expires/expired or ceases/ceased to have	renum = renumbered
effect	rep = repealed
F = Federal Register of Legislation	rs = repealed and substituted
gaz = gazette	s = section(s)/subsection(s)
LA = Legislation Act 2003	Sch = Schedule(s)
LIA = Legislative Instruments Act 2003	Sdiv = Subdivision(s)
(md) = misdescribed amendment can be given	SLI = Select Legislative Instrument
effect	SR = Statutory Rules
(md not incorp) = misdescribed amendment	Sub-Ch = Sub-Chapter(s)
cannot be given effect	SubPt = Subpart(s)
mod = modified/modification	underlining = whole or part not
No. = Number(s)	commenced or to be commenced

Endnote 3--Legislation history

 

Act	Number and year	Assent	Commencement	Application, saving and transitional provisions
Superannuation (Unclaimed Money and Lost Members) Act 1999	127, 1999	13 Oct 1999	13 Oct 1999 (s 2)
Superannuation (Unclaimed Money and Lost Members) Consequential and Transitional Act 1999	128, 1999	13 Oct 1999	s 4-7: 13 Oct 1999 (s 2(1)) Sch 2: 5 Dec 1999 (s 2(4)(b))	s 4-7
Family Law Legislation Amendment (Superannuation) (Consequential Provisions) Act 2001	114, 2001	18 Sept 2001	28 Dec 2002 (s 2)	--
Australian Prudential Regulation Authority Amendment Act 2003	42, 2003	24 June 2003	Sch 2 (item 23) and Sch 3: 1 July 2003 (s 2(1) item  2)	Sch 3
Tax Laws Amendment (Simplified Superannuation) Act 2007	9, 2007	15 Mar 2007	Sch 7 (items 2-7): 15 Mar 2007 (s 2(1) item 9)	Sch 7 (item 7)
Superannuation Legislation Amendment (Simplification) Act 2007	15, 2007	15 Mar 2007	Sch 3 (items 58-60): 15 Mar 2007 (s 2(1) item 8)	Sch 3 (item 60)
Temporary Residents' Superannuation Legislation Amendment Act 2008	151, 2008	11 Dec 2008	Sch 1 (items 1-11, 13-22): 18 Dec 2008 (s 2(1) item  2)	--
Tax Laws Amendment (2009 Measures No. 1) Act 2009	27, 2009	26 Mar 2009	Sch 2 (items 1-41, 67-70): 27 Mar 2009 (s 2(1) item  5)	Sch 2 (items 67-70)
Financial Sector Legislation Amendment (Enhancing Supervision and Enforcement) Act 2009	75, 2009	27 Aug 2009	Sch 1 (item 222): 27 Feb 2010 (s 2(1) item 2)	--
Tax Laws Amendment (2009 Budget Measures No. 2) Act 2009	133, 2009	14 Dec 2009	Sch 3 (items 1-26, 44, 45): 14 Dec 2009 (s  2(1) item 3)	Sch 3 (items 44, 45)
Superannuation Legislation Amendment Act 2010	117, 2010	16 Nov 2010	Sch 1 (items 1-14, 21(1)) and Sch 4 (item 30): 17 Nov 2010 (s 2(1) items 2, 8)	Sch 1 (item 21(1))
as amended by
Tax Laws Amendment (2011 Measures No. 2) Act 2011	41, 2011	27 June 2011	Sch 5 (item 420): 27 June 2011 (s 2(1) item 23)	--
Tax Laws Amendment (Confidentiality of Taxpayer Information) Act 2010	145, 2010	16 Dec 2010	Sch 2 (items 87-91): 17 Dec 2010 (s 2(1) item 2)	--
Treasury Legislation Amendment (Unclaimed Money and Other Measures) Act 2012	176, 2012	4 Dec 2012	Sch 4 (items 1-4, 7, 8): 5 Dec 2012 (s  2(1) items 8, 10) Sch 4 (items 5, 6): 30 Dec 2012 (s 2(1) item 9)	Sch 4 (item 8)
Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013	88, 2013	28 June 2013	Sch 1 (items 20-32): 28 June 2013 (s 2(1) item 2)	--
Tax Laws Amendment (Fairer Taxation of Excess Concessional Contributions) Act 2013	118, 2013	29 June 2013	Sch 1 (items 13, 14, 110): 29 June 2013 (s 2(1) item 2)	Sch 1 (item 110)
Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014	62, 2014	30 June 2014	Sch 12 (item 172) and Sch 14: 1 July 2014 (s 2(1) items  6, 14)	Sch 14
as amended by
Public Governance and Resources Legislation Amendment Act (No. 1) 2015	36, 2015	13 Apr 2015	Sch 2 (items 7-9) and Sch 7: 14 Apr 2015 (s 2)	Sch 7
as amended by
Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015	126, 2015	10 Sept 2015	Sch 1 (item 486): 5 Mar 2016 (s 2(1) item 2)	--
Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015	126, 2015	10 Sept 2015	Sch 1 (item 495): 5 Mar 2016 (s 2(1) item 2)	--
Treasury Legislation Amendment (Repeal Day) Act 2015	2, 2015	25 Feb 2015	Sch 2 (items 64, 65): 1 July 2015 (s 2(1) item  4)	--
Norfolk Island Legislation Amendment Act 2015	59, 2015	26 May 2015	Sch 2 (item 342): 1 July 2016 (s 2(1) item  5) Sch 2 (items 356-396): 18 June 2015 (s 2(1) item 6)	Sch 2 (items 356-396)
as amended by
Territories Legislation Amendment Act 2016	33, 2016	23 Mar 2016	Sch 2: 24 Mar 2016 (s 2(1) item 2)	--
Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015	126, 2015	10 Sept 2015	Sch 1 (items 591-594): 5 Mar 2016 (s 2(1) item 2)	--
Tax and Superannuation Laws Amendment (2015 Measures No. 4) Act 2015	135, 2015	13 Oct 2015	Sch 3 (item 1): 31 Dec 2015 (s 2(1) item 3) Sch 3 (item 2): 31 Dec 2016 (s 2(1) item 4)	--
Statute Law Revision Act (No. 1) 2016	4, 2016	11 Feb 2016	Sch 4 (items 1, 301): 10 Mar 2016 (s 2(1) item 6)	--
Statute Update Act 2016	61, 2016	23 Sept 2016	Sch 2 (item 100): 21 Oct 2016 (s 2(1) item 1)	--
Tax and Superannuation Laws Amendment (2016 Measures No. 2) Act 2017	15, 2017	28 Feb 2017	Sch 4 (items 85, 92): 1 Apr 2017 (s 2(1) item  12)	Sch 4 (item 92)
Treasury Laws Amendment (Putting Consumers First--Establishment of the Australian Financial Complaints Authority) Act 2018	13, 2018	5 Mar 2018	s 4: 5 Mar 2018 (s 2(1) item 1) Sch 3 (items 30, 32): 5 Mar 2022 (s 2(1) item 8)	s 4 and Sch 3 (item 32)
Treasury Laws Amendment (2018 Measures No. 1) Act 2018	23, 2018	29 Mar 2018	Sch 1 (items 31, 32): 1 Apr 2018 (s 2(1) item  5) Sch 1 (items 75-79): 30 Mar 2018 (s 2(1) item 9)	Sch 1 (items 75-79)
Civil Law and Justice Legislation Amendment Act 2018	130, 2018	25 Oct 2018	Sch 6 (items 67-70): 22 Nov 2018 (s 2(1) item  10)	--
Treasury Laws Amendment (2018 Measures No. 4) Act 2019	8, 2019	1 Mar 2019	Sch 4 (items 8-17): 1 Apr 2019 (s 2(1) item  5)	Sch 4 (items 16, 17)
Treasury Laws Amendment (Protecting Your Superannuation Package) Act 2019	16, 2019	12 Mar 2019	Sch 3 (items 16-33, 38): 13 Mar 2019 (s 2(1) item 2)	Sch 3 (item 38)
as amended by
Treasury Laws Amendment (2019 Measures No. 3) Act 2020	64, 2020	22 June 2020	Sch 3 (item 62): 23 June 2020 (s 2(1) item  4)	--
Treasury Laws Amendment (Putting Members' Interests First) Act 2019	79, 2019	2 Oct 2019	Sch 1 (items 6-10): 3 Oct 2019 (s 2(1) item 1)	Sch 1 (items 8-10)
Treasury Laws Amendment (2019 Measures No. 2) Act 2019	94, 2019	28 Oct 2019	Sch 5 (items 1, 2): 29 Oct 2019 (s 2(1) item 5)	--
Treasury Laws Amendment (2019 Measures No. 3) Act 2020	64, 2020	22 June 2020	Sch 3 (items 54-60): 23 June 2020 (s 2(1) item  4)	Sch 3 (items 56, 58)
Family Law Amendment (Western Australia De Facto Superannuation Splitting and Bankruptcy) Act 2020	112, 2020	8 Dec 2020	Sch 3 (items 100-109): 28 Sept 2022 (s 2(1) item 1)	--
Treasury Laws Amendment (2020 Measures No. 5) Act 2020	118, 2020	11 Dec 2020	Sch 2 (items 7-43): 11 Dec 2021 (s 2(1) items 3, 4) Note: This amending title was affected by an editorial change (see C2021C00560)	Sch 2 (items 34, 43)
Treasury Laws Amendment (2020 Measures No. 6) Act 2020	141, 2020	17 Dec 2020	Sch 4 (items 74, 75, 145): 18 Dec 2020 (s 2(1) items 6, 16)	Sch 4 (item 145)
Treasury Laws Amendment (Reuniting More Superannuation) Act 2021	24, 2021	22 Mar 2021	Sch 1 (items 18-45): 23 Mar 2021 (s 2(1) item 2) Sch 2 (items 15-31): 29 Mar 2021 (s 2(1) item 3)	--
Treasury Laws Amendment (Self Managed Superannuation Funds) Act 2021	47, 2021	22 June 2021	Sch 1 (items 35-41): 1 July 2021 (s 2(1) item  1)	--
Treasury Laws Amendment (2021 Measures No. 5) Act 2021	127, 2021	7 Dec 2021	Sch 3 (items 6, 7): 8 Dec 2021 (s 2(1) item 4) Sch 3 (items 75-99): 11 Dec 2021 (s 2(1) item 7)	Sch 3 (items 7, 99)

Endnote 4--Amendment history

 

Provision affected	How affected
Title....................	am No 151, 2008
Part 1
s 4.....................	am No 59, 2015
s 6.....................	am No 151, 2008; No 133, 2009; No 16, 2019; No 24, 2021
s 7.....................	am No 9, 2007; No 151, 2008; No 27, 2009; No 133, 2009; No  117, 2010; No 8, 2019; No 16, 2019; No 118, 2020 (amdt never applied (Sch 2 (item 35)); No 24, 2021; No 127, 2021
Part 2
s 8.....................	am No 42, 2003; No 151, 2008; No 27, 2009; No 75, 2009; No 133, 2009; No 117, 2010; No 145, 2010; No 2, 2015; No 13, 2018; No 8, 2019; No 16, 2019; No 112, 2020; No 118, 2020; No 24, 2021; No 127, 2021
Part 3
Division 1
Division 1 heading..........	ad No 27, 2009
s 12....................	am No 114, 2001; No 9, 2007; No 133, 2009
s 13....................	am No 114, 2001; No 9, 2007; No 27, 2009; No 133, 2009; No 4, 2016; No 61, 2016
s 14....................	am No 133, 2009
s 15....................	am No 4, 2016; No 61, 2016
s 15A...................	ad No 27, 2009
	am No 133, 2009; No 16, 2019
Division 2
Division 2 heading..........	ad No 27, 2009
s 16....................	am No 151, 2008; No 27, 2009; No 64, 2020; No 24, 2021; No 47, 2021
s 16A...................	ad No 27, 2009
Division 3
Division 3 heading..........	ad No 27, 2009
s 17....................	am No 151, 2008; No 27, 2009; No 176, 2012; No 88, 2013; No 118, 2020; No 24, 2021; No 127, 2021
s 17A...................	ad No 27, 2009
Division 4
Division 4 heading..........	ad No 27, 2009
s 18....................	am No 15, 2007; No 27, 2009; No 117, 2010
s 18AA..................	ad No 117, 2010
	am No 126, 2015
s 18A...................	ad No 27, 2009
s 18B...................	ad No 27, 2009
	am No 118, 2020
s 18C...................	ad No 27, 2009
	am No 118, 2020
Part 3AA
Part 3AA heading...........	ad No 27, 2009
s 19....................	am No 27, 2009;No 133, 2009; No 16, 2019; No 24, 2021
Part 3A
Part 3A..................	ad No 151, 2008
Division 1
s 20A...................	ad No 151, 2008
	am No 27, 2009
s 20AA..................	ad No 27, 2009
	am No 126, 2015
s 20B...................	ad No 151, 2008
Division 2
s 20C...................	ad No 151, 2008
	am No 27, 2009; No 117, 2010
Division 3
s 20D...................	ad No 151, 2008
s 20E...................	ad No 151, 2008
	am No 27, 2009; No 24, 2021
s 20F...................	ad No 151, 2008
	am No 130, 2018; No 112, 2020; No 24, 2021
s 20G...................	ad No 151, 2008
Division 4
s 20H...................	ad No 151, 2008
	am No 133, 2009; No 176, 2012; No 88, 2013; No 16, 2019; No 118, 2020; No 24, 2021; No 127, 2021
Division 5
s 20J....................	ad No 151, 2008
s 20JA..................	ad No 117, 2010
	am No 126, 2015
s 20K...................	ad No 151, 2008
s 20L...................	ad No 151, 2008
	am No 27, 2009; No 118, 2020
s 20M...................	ad No 151, 2008
	am No 88, 2013; No 118, 2020
Division 6
s 20N...................	ad No 151, 2008
	am No 117, 2010; No 15, 2017
s 20P...................	ad No 151, 2008
	am No 88, 2013
Part 3B
Part 3B..................	ad No 16, 2019
Division 1
s 20Q...................	ad No 16, 2019
s 20QA..................	ad No 16, 2019
	am No 79, 2019; No 64, 2020; No 141, 2020; No 47, 2021
Division 2
s 20QB..................	ad No 16, 2019
	am No 64, 2020; No 24, 2021; No 47, 2021
s 20QC..................	ad No 16, 2019
Division 3
s 20QD..................	ad No 16, 2019
	am No 112, 2020; No 24, 2021
s 20QE..................	ad No 16, 2019
s 20QF..................	ad No 16, 2019
	am No 118, 2020; No 24, 2021; No 127, 2021
Division 4
s 20QG..................	ad No 16, 2019
s 20QH..................	ad No 16, 2019
s 20QJ..................	ad No 16, 2019
s 20QK..................	ad No 16, 2019
	am No 118, 2020
s 20QL..................	ad No 16, 2019
	am No 118, 2020
s 20QM..................	ad No 16, 2019
Part 3C
Part 3C..................	ad No 24, 2021
Division 1
s 21....................	rep No 8, 2019
	ad No 24, 2021
Division 2
s 21A...................	ad No 24, 2021
s 21B...................	ad No 24, 2021
Division 3
s 21C...................	ad No 24, 2021
s 21D...................	ad No 24, 2021
s 21E...................	ad No 24, 2021
	am No 118, 2020; No 24, 2021; No 127, 2021
Division 4
s 21F...................	ad No 24, 2021
s 21G...................	ad No 24, 2021
	am No 118, 2020
s 21H...................	ad No 24, 2021
	am No 118, 2020
Part 3D
Part 3D..................	ad No 24, 2021
Division 1
s 22....................	rep No 8, 2019
	ad No 24, 2021
s 22A...................	ad No 24, 2021
Division 2
s 22B...................	ad No 24, 2021
	am No 127, 2021
s 22C...................	ad No 24, 2021
Division 3
s 22D...................	ad No 24, 2021
s 22E...................	ad No 24, 2021
	am No 127, 2021
s 22F...................	ad No 24, 2021
	am No 127, 2021
Part 4
Part 4 heading.............	rs No 133, 2009; No 8, 2019
Part 4...................	rs No 8, 2019
s 23....................	am No 27, 2009
	rs No 8, 2019
s 24....................	rs No 8, 2019
Part 4A
Part 4A..................	ad No 133, 2009
Division 1
s 24A...................	ad No 133, 2009
s 24B...................	ad No 133, 2009
	am No 176, 2012; No 118, 2013; No 135, 2015; No 16, 2019
Division 2
s 24C...................	ad No 133, 2009
	am No 117, 2010; No 64, 2020; No 24, 2021; No 47, 2021
s 24D...................	ad No 133, 2009
Division 3
s 24E...................	ad No 133, 2009
	am No 117, 2010; No 88, 2013; No 130, 2018; No 112, 2020; No 24, 2021
s 24F...................	ad No 133, 2009
s 24G...................	ad No 133, 2009
	am No 176, 2012; No 88, 2013; No 23, 2018; No 118, 2020; No 127, 2021
Division 4
s 24H...................	ad No 133, 2009
	am No 117, 2010
s 24HA..................	ad No 117, 2010
	am No 126, 2015; No 8, 2019
s 24J....................	ad No 133, 2009
s 24K...................	ad No 133, 2009
	am No 118, 2020
s 24L...................	ad No 133, 2009
	am No 88, 2013; No 118, 2020
s 24M...................	ad No 133, 2009
Part 4B
Part 4B..................	ad No 16, 2019
Division 1
s 24N...................	ad No 16, 2019
	am No 24, 2021
Division 2
s 24NA..................	ad No 16, 2019
	am No 94, 2019; No 24, 2021; No 127, 2021
s 24NAA.................	ad No 127, 2021
s 24NB..................	ad No 16, 2019
	am No 94, 2019
Part 5
s 25....................	am No 151, 2008; No 27, 2009; No 133, 2009; No 8, 2019; No 16, 2019; No 24, 2021
s 25A...................	ad No 151, 2008
s 26....................	am No 27, 2009; No 8, 2019
s 27....................	am No 8, 2019
s 29....................	am No 151, 2008; No 133, 2009; No 88, 2013; No 8, 2019; No 24, 2021
Part 6...................	rep No 145, 2010
s 31....................	am No 128, 1999
	rep No 145, 2010
s 32....................	am No 27, 2009
	rep No 145, 2010
s 33....................	rep No 145, 2010
s 34....................	rep No 145, 2010
s 35....................	rep No 145, 2010
s 36....................	rep No 145, 2010
s 37....................	rep No 27, 2009
s 38....................	rep No 145, 2010
s 39....................	rep No 145, 2010
Part 7
s 40....................	ad No 145, 2010
Part 8
s 44....................	am No 8, 2019
s 45....................	am No 128, 1999
	rep No 2, 2015
s 46....................	am No 27, 2009
	rep No 2, 2015
s 47....................	rep No 2, 2015
s 48....................	am No 27, 2009; No 4, 2016; No 61, 2016
s 49....................	rs No 151, 2008; No 62, 2014
s 49AA..................	ad No 127, 2021
s 49A...................	ad No 117, 2010