Unclaimed Money (Superannuation and RSA Providers) Amendment and Expiry Act 2014 (WA)
Western Australia
Western Australia
Western Australia
Unclaimed Money (Superannuation and RSA Providers) Amendment and Expiry Act 2014The Parliament of Western Australia enacts as follows:
This is the
This Act comes into operation as follows —
(a) sections 1 and 2 — on the day on which this Act receives the Royal Assent;
(b) the rest of the Act — on a day fixed by proclamation, and different days may be fixed for different provisions.
This Act amends the
(1) In section 4 delete the definition of
unclaimed money .(2) In section 4 insert in alphabetical order:
At the end of Part 5 insert:
(1) After the winding‑up commencement, the Treasurer is not to make any payment under section 13(1) or (2).
(2) For the first unclaimed money day after the winding‑up commencement the Treasurer is to give the Commissioner a statement of unclaimed money in accordance with the Commonwealth Act section 16, as applied by the Commonwealth Act sections 18AA and 49A.
(3) In relation to the first unclaimed money day after the winding‑up commencement the Treasurer is to make a payment to the Commissioner in accordance with the Commonwealth Act section 17, as applied by the Commonwealth Act sections 18AA and 49A.
(4) Upon or as soon as practicable after making the payment required by subsection (3), the Treasurer is to deliver to the Commissioner the register kept under Part 3 Division 1 and all ancillary records, documents and information in the Treasurer’s possession or under the Treasurer’s control.
(5) Payments under this section are charged to the Consolidated Account which is appropriated accordingly.
(1) When the Treasurer —
(a) has fulfilled the requirements of section 27; and
(b) is satisfied that there is no reason for this Act to continue,
the Treasurer is to publish a notice in the
(2) This Act expires as stated in a notice published under subsection (1).
This Part amends the
(1) In section 38(4):
(a) in paragraph (c)(ii) delete “order.” and insert:
order;
(b) after paragraph (c) insert:
or
(d) the regulations would reduce or provide for the reduction of a Member’s benefit in consequence of the payment to the Commissioner of an amount of unclaimed money that would otherwise have been payable to the Member.
(2) Delete section 38(5D).
(3) Delete section 38(5F).
(4) After section 38(5) insert:
(6A) Regulations may provide for the Board, in relation to any scheme that is prescribed for the purposes of the
Superannuation (Unclaimed Money and Lost Members) Act 1999 (Commonwealth) section 18AA —(a) to give any statement; and
(b) to make any payment; and
(c) to do any other thing,
contemplated by that Act.
(5) After section 38(8) insert:
(9) In this section —
(a) each of the following terms has the meaning given in the
Family Law Act 1975 (Commonwealth) section 90MD —
(b) each of the following terms has the meaning given in the
Superannuation (Unclaimed Money and Lost Members) Act 1999 (Commonwealth) section 8 —
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