South Australian Repealed Acts

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This legislation has been repealed.

UNCLAIMED SUPERANNUATION BENEFITS ACT 1997 - NOTES

Legislative history

Notes

• For further information relating to the Act and subordinate legislation made under the Act see the Index of South Australian Statutes or www.legislation.sa.gov.au.

Repeal of Act

The Unclaimed Superannuation Benefits Act 1997 was repealed by s 30 of the Statutes Amendment and Repeal (Superannuation) Act 2012 on 15.6.2014.

Principal Act and amendments

Year

No

Title

Assent

Commencement

1997

80

Unclaimed Superannuation Benefits Act 1997

18.12.1997

29.1.1998 (Gazette 29.1.1998 p318)

2001

56

Unclaimed Superannuation Benefits (Miscellaneous) Amendment Act 2001

8.11.2001

6.12.2001 (Gazette 6.12.2001 p5267)

Provisions amended

Entries that relate to provisions that have been deleted appear in italics.

Provision

How varied

Commencement

s 2

omitted under Legislation Revision and Publication Act 2002


s 3



Commonwealth Act

substituted by 56/2001 s 3(a)

6.12.2001

fund

amended by 56/2001 s 3(b)

6.12.2001

superannuation provider or provider

inserted by 56/2001 s 3(c)

6.12.2001

unclaimed superannuation benefit

amended by 56/2001 s 3(d)

6.12.2001

s 4

amended by 56/2001 s 4

6.12.2001

s 5



s 5(1)

amended by 56/2001 s 5(a)

6.12.2001

s 5(2)

amended by 56/2001 s 5(b)

6.12.2001

s 5(3)

amended by 56/2001 s 5(c), (d)

6.12.2001

s 5(5)

amended by 56/2001 s 5(e), (f)

6.12.2001

s 6

amended by 56/2001 s 6

6.12.2001

s 7



s 7(1)

amended by 56/2001 s 7(a)—(c)

6.12.2001

s 7(2)

amended by 56/2001 s 7(d), (e)

6.12.2001

s 9

amended by 56/2001 s 8

6.12.2001

s 10

amended by 56/2001 s 9

6.12.2001

Transitional etc provisions associated with Act or amendments

Statutes Amendment and Repeal (Superannuation) Act 2012, Sch 1—Transitional provisions

2—Unclaimed Superannuation Benefits Act

(1) If—

(a) an unclaimed superannuation benefit has been paid to the Treasurer by the superannuation provider of a fund under the Unclaimed Superannuation Benefits Act 1997 (the repealed Act); and

(b) an amount equal to the amount of that unclaimed superannuation benefit (less any amount refunded to the superannuation provider under section 7 of the repealed Act) has not, before the repeal of the repealed Act by this Act, been paid to any person,

the Treasurer must, within 1 month of the commencement of this clause—

(c) pay an amount equal to the amount of the unclaimed superannuation benefit to the Commissioner of Taxation; and

(d) provide the Commissioner of Taxation with all information relating to the unclaimed superannuation benefit kept in the register of unclaimed superannuation benefits under section 8 of the repealed Act.

(2) The Consolidated Account is appropriated to the extent necessary for the purposes of this clause.

(3) In this clause—

superannuation provider has the same meaning as in the Superannuation (Unclaimed Money and Lost Members) Act 1999 of the Commonwealth;

unclaimed superannuation benefit means an amount of money that is taken by Part 3 of the Superannuation (Unclaimed Money and Lost Members) Act 1999 of the Commonwealth to be unclaimed money.



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