Superannuation (Unclaimed Money and Lost Members) Act 1999

PART 3D - PAYMENT OF OTHER AMOUNTS TO THE COMMISSIONER  

Division 2 - Payments by Commissioner  

SECTION 22C  

22C   REFUND OF OVERPAYMENT MADE BY SUPERANNUATION PROVIDER  

If the Commissioner is satisfied that an amount a superannuation provider for a fund (the first fund ) has paid to the Commissioner under section 22 in respect of a person exceeded the amount (if any) that was payable under that section in respect of the person, the Commissioner must pay the excess:

(a)    to the superannuation provider; or

(b)    to a superannuation provider for another fund if the Commissioner is satisfied that:

(i) the first fund no longer exists; and

(ii) the other fund provides rights relating to the person equivalent to those provided by the first fund.

Note:

Money for payments under this section is appropriated by section 16 of the Taxation Administration Act 1953 .