Victorian Current Acts

UNCLAIMED MONEY ACT 2008 - SECT 67

In addition to an amount refunded under this Part, the Registrar is required to pay interest on the amount calculated at the market rate referred to in section 44(1)(a) on a daily basis from—

        (a)     the date of payment of the amount overpaid that is refunded; or

        (b)     the date on which the Registrar made the assessment, reassessment or decision made under section 30 to which the objection and review or appeal relates—

whichever is the later, until the date of the refund.

Part 6—Investigation, secrecy and general unclaimed money provisions

Division 1—Investigations

S. 68 amended by No. 69/2013 s. 25.