Commonwealth Consolidated Acts

SUPERANNUATION (UNCLAIMED MONEY AND LOST MEMBERS) ACT 1999 - SECT 10

  (1)   In this Act, eligibility age means:

  (a)   in the case of a man--65 years or, if another age is prescribed by the regulations, the age so prescribed; or

  (b)   in the case of a woman--60 years or, if another age is prescribed by the regulations, the age so prescribed.

  (2)   In determining whether a member of a fund has reached eligibility age:

  (a)   if the superannuation provider does not know whether the member is a man or a woman--the member is taken to be a man; and

  (b)   if the superannuation provider does not know the member's date of birth--the superannuation provider may determine that the member:

  (i)   attained a particular age on a particular date (if the superannuation provider reasonably believes that to be the case); or

  (ii)   turned 18 on the day on which he or she first became a member of the fund; or

  (iii)   turned 18 on the day on which the superannuation provider first received an amount in respect of him or her; or

  (iv)   turned 18 at the start of his or her eligible service period.

Duty to obtain date of birth and sex of member of fund

  (3)   If a superannuation provider does not know the date of birth or sex of a member of a fund, the provider should make reasonable attempts to obtain that information.

Duty to keep records of date of birth and sex of member of fund

  (4)   If a superannuation provider knows the date of birth or sex of a member of a fund, the provider should keep records of that information.