Victorian Current Acts Victorian Current Acts(1) On or before the last day of each month (the payment month ), a permit holder must pay to the Treasurer an amount equal to the sum of all refunds and dividends that have remained unclaimed for—
(a) in the case of a payment month before June 2004—not less than 12 months on the first day of that payment month;
(b) in the case of the payment month of June 2004 and each subsequent payment month—not less than 6 months on the first day of that payment month—
less the expenses of the permit holder reasonably incurred in searching for the persons entitled to those refunds or dividends.
(2) If a claimant makes a demand against the
Treasurer for money paid to the Treasurer under subsection (1), the Treasurer,
on being satisfied that the claimant is the owner of the money demanded, must
direct that it be paid to the claimant out of money available for the purpose.
Ch. 4 Pt 5 (Heading and ss 4.5.1 ‑ 4.5.4) substituted as Ch. 4 Pt 5 (Heading and ss 4.5.1– 4.5.31) by No. 18/2007 s. 3.
Part 5—Approved betting competitions and sports betting
Division 1—Preliminary
S. 4.5.1 substituted by No. 18/2007 s. 3.