Superannuation (Unclaimed Money and Lost Members) Act 1999

Part 3A inserted by No 151 of 2008, s 3 and Sch 1 item 16, effective 18 December 2008.

Div 2 inserted by No 151 of 2008, s 3 and Sch 1 item 16, effective 18 December 2008.

S 20C(1) amended by No 27 of 2009 , s 3 and Sch 2 item 29, by substituting para (b) for paras (b) to (d), effective 27 March 2009.

No 27 of 2009 , s 3 and Sch 2 item 70 contains the following saving provision:

Saving - regulations  
70(1)
If, just before 27 March 2009, regulations made for the purposes of subparagraph 20C(1)(b)(i) of the Superannuation (Unclaimed Money and Lost Members) Act 1999 were in force, the regulations have effect, from that commencement, as if they had been made for the purposes of subsection 20AA(2) of that Act, as inserted.

…

Paras (b) to (d) formerly read:

(b) before, on or after the commencement of this section, the person:

(i) was, under the Migration Act 1958 , the holder of a temporary visa, except a visa prescribed by the regulations, that has ceased to be in effect; and

(ii) left Australia after starting to be the holder of the visa (whether the visa ceased to be in effect before, when or after the person left); and

(c) at least 6 months have passed since the later of the following events (or either of them if they occurred at the same time):

(i) the visa ceased to be in effect;

(ii) the person left Australia; and

(d) the person:

(i) is not, under that Act, the holder of a temporary visa or permanent visa; and

(ii) is neither an Australian citizen nor a New Zealand citizen; and

(iii) has not made a valid application for a permanent visa that has not been finally determined under that Act.

S 20C(3) substituted by No 117 of 2010, s 3 and Sch 1 item 8, effective 17 November 2010. S 20C(3) formerly read:

20C(3)
Subsection (1) does not apply to:

(a) a superannuation provider who is the trustee of a State or Territory public sector superannuation scheme within the meaning of section 18 ; or

(b) a superannuation provider for an unfunded public sector scheme within the meaning of the Superannuation Guarantee (Administration) Act 1992 .

S 20C inserted by No 151 of 2008, s 3 and Sch 1 item 16, effective 18 December 2008.