Banking Laws Amendment (Unclaimed Money) Act 2015 (129 of 2015)

Schedule 1   Amendments

Part 1   Main amendments

Banking Act 1959

2   Subsection 69(1A)

Repeal the subsection, substitute:

(1A) However, the following are not unclaimed moneys:

(a) money in an account that is denominated in a currency other than Australian currency;

(b) money in a children's account;

(c) farm management deposits (within the meaning of the Income Tax Assessment Act 1997).


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