South Australian Numbered Acts South Australian Numbered Acts7—Treasurer may pay money to lawful claimant
(1) If the Treasurer is satisfied, on application made in a manner and form approved by the Treasurer, that the applicant is the owner of money that has been paid to the Treasurer under this Act or the repealed Act, the Treasurer may pay the money to the applicant.
(2) An application under subsection (1)
may not be made—
(a) for an amount that is less than the prescribed amount; or
(i) in the case of an application relating to unclaimed money—the day on which notice of the money first appeared on a register of unclaimed money (whether under this Act or the repealed Act); or
(ii) in any other case—the day on which the money was received by the Treasurer (under this Act or the repealed Act).
does not apply in relation to an application for transitional money made within 5 years of the commencement of this section.
does not apply in relation to an application for transitional money made within 5 years of the commencement of this section if, on that commencement, 25 years have passed since the day on which notice of the money first appeared on a register of unclaimed money or the money was received by the Treasurer.
(5) No interest is payable in respect of a payment made under subsection (1)
.
(6) A payment under subsection (1)
is to be made from the Consolidated Account, which is appropriated to the necessary extent.
(7) If a payment is made to a person under this section, the Crown has no further liability in respect of the money that constituted the payment.
(8) Subsection (7)
does not prevent another person claiming to be the owner of the money from taking action for recovery of the money from the person to whom the payment was made.
(9) In this section—
"transitional money" means—
(a) unclaimed money that was, on the commencement of this section, listed on a register of unclaimed money maintained under the repealed Act; or
(b) money that was paid to the Treasurer under section 7A of the repealed Act.