AustLII Tasmanian Numbered Regulations

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RETIREMENT BENEFITS REGULATIONS 2005 (S.R. 2005, NO. 77) - REG 75

Unclaimed benefits

(1)  Where –
(a) the Board has, in writing and in accordance with the law of the Commonwealth, advised the person entitled to a benefit that has become payable under these regulations of his or her entitlement; and
(b) a period of 6 months has elapsed without response from that person –
the benefit entitlement is taken to be unclaimed money.
(2)  The Board must complete and forward a statement of unclaimed money, together with payment, in accordance with the Unclaimed Moneys Act 1918 , as follows:
(a) in respect of a 6 month period ending on 30 June, on or before the following 31 October;
(b) in respect of a 6 month period ending on 31 December, on or before the following 30 April;
(c) for such other period as is allowed by the Unclaimed Moneys Act 1918 .


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