Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)Chapter 6 Statement of Compatibility with Human Rights
Treasury Legislation Amendment (Unclaimed Money and Other Measures) Bill 2012
This Bill is compatible with the human rights and freedoms recognised or declared in the international instruments listed in section 3 of the Human Rights (Parliamentary Scrutiny) Act 2011 .
Overview
These amendments will enhance the current strategies employed by ASIC and the ATO to reunite people with their unclaimed moneys.
Human rights implications
The Bill does not engage any of the applicable rights or freedoms.
Conclusion
This Schedule is compatible with human rights as it does not raise any human rights issues.
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