Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 12 - TRANSFER OF REGISTRATION, DEREGISTRATION AND UNCLAIMED PROPERTY  

PART 12-3 - UNCLAIMED PROPERTY  

Division 551 - Unclaimed property  

SECTION 551-15   DISPOSITION OF MONEY THAT IS UNCLAIMED PROPERTY ETC.  

551-15(1)    
This section applies to money that:

(a)    is unclaimed property; or

(b)    represents the proceeds of unclaimed property.

551-15(2)    
If:

(a)    a person claims to be entitled to the money; and

(b)    the Registrar is satisfied that the person is entitled to the money;

the Registrar must pay the money to the person in accordance with section 551-30 .





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