(1) Money credited to an individual's account is not held on trust.
(2) The Commonwealth is not liable to pay, repay or refund money credited to an individual's account except as provided by this Act.
Note: Under section 69A of the
Superannuation Guarantee (Administration) Act 1992 , if a shortfall component
of superannuation guarantee charge has been incorrectly credited to an
individual's account, the account may be debited for the purposes of
reversing the credit.