Tax Laws Amendment (2009 Measures No. 1) Act 2009 (27 of 2009)

Schedule 2   Unclaimed superannuation money

Part 1   Amendment of the Superannuation (Unclaimed Money and Lost Members) Act 1999

27   Section 20A (simplified outline)

Omit:

The Commissioner must give the superannuation provider for a fund a notice if the Commissioner is satisfied that:

(a) a person who used to be the holder of a temporary visa has a superannuation interest in the fund; and

(b) at least 6 months have passed since the person ceased to hold the visa and left Australia; and

(c) the person does not hold a visa and is not a citizen.

substitute:

The Commissioner must give the superannuation provider for a fund a notice if the Commissioner is satisfied that a former temporary resident has a superannuation interest in the fund.