S 35 repealed by No 179 of 1999, s 3 and Sch 2 item 75, effective 22 December 1999. Despite this repeal:
(a) anything done under s 35 before 1 July 2000 continues to have effect on and after that day as if s 35 had not been repealed; and
(b) anything done on or after that day, under s 35 as it continues to have effect because of para (a), has effect as if s 35 had not been repealed.
S 35 formerly read:
COMMISSIONER MAY COLLECT MONEY FROM PERSON WHO OWES MONEY TO A MEMBER
35(1)
This section allows the Commissioner to collect money from a person who owes money to a member who has a surcharge debt.
35(2)
The Commissioner may direct a person (the
third party
) who owes, or may later owe, money (the
available money
) to the member to pay some or all of the available money to the Commissioner in accordance with the direction. The Commissioner must send a copy of the direction to the member to the last place of address known to the Commissioner.
35(3)
The direction cannot require an amount to be paid to the Commissioner at a time before it becomes owing by the third party to the member.
35(4)
The third party must comply with the direction, so far as the third party is able to do so.
Penalty: 20 penalty units.
Note: Chapter
2
of the
Criminal Code
sets out the general principles of criminal responsibility.
35(5)
If a person is convicted of an offence in relation to a refusal or failure of the third party to comply with subsection (4), the court may (in addition to imposing a penalty on the convicted person) order the convicted person to pay to the Commissioner an amount up to the amount involved in the refusal or failure of the third party.
35(6)
Any payment made by the third party under this section is taken to have been made with the authority of the member and of all other persons concerned, and the third party is indemnified for the payment.
35(7)
If the whole of the surcharge debt of the member is discharged before any payment is made by the third party, the Commissioner must immediately give notice to the third party of that fact.
35(8)
The third party is taken to owe money to the member if:
(a)
money is due or accruing by the third party to the member; or
(b)
the third party holds money for or on account of the member; or
(c)
the third party holds money on account of some other person for payment to the member; or
(d)
the third party has authority from some other person to pay money to the member;
whether or not the payment of the money to the member is dependent on a pre-condition that has not been fulfilled.
35(9)
For the purposes of this section, money that has been paid by a person to a co-operative housing society for the issue of withdrawable shares in the capital of the society, but has not been repaid, is taken to be:
(a)
if the money is repayable on demand
-
money due by the co-operative housing society to the person; or
(b)
if the money is not repayable on demand
-
money that may become due by the co-operative housing society to the person.
History
S 35(9) amended by No 44 of 1999, s 4 and Sch 7 item 221, by substituting ``co-operative housing society
'
'
for ``building society
'
'
(wherever occurring), effective 1 July 1999.
35(10)
In this section:
``
building society
''
(Repealed by No 44 of 1999)
History
Definition of ``building society'' repealed by No 44 of 1999, s 4 and Sch 7 item 222, effective 1 July 1999. Definition formerly read:
'building society'
means a society registered or incorporated as a building society, co-operative housing society or other similar society under the law in force in a State or Territory.
co-operative housing society
means a society registered or incorporated as a co-operative housing society or similar society under a law of a State or Territory.
History
Definition of ``co-operative housing society'' inserted by No 44 of 1999, s 4 and Sch 7 item 223, effective 1 July 1999.
person
includes:
(a)
the Commonwealth, a State or a Territory; and
(b)
a public authority of the Commonwealth or of a State or Territory, whether or not the authority is incorporated.
surcharge debt
means any of the following amounts payable by a person (whether or not the amount has become due for payment):
(a)
superannuation contributions surcharge;
(b)
interest;
(c)
late payment penalty;
(d)
a judgment debt, or costs, for surcharge, interest or late payment penalty;
(e)
a fine, or costs, that a court has imposed for an offence against this Act;
(f)
an amount that a court has ordered the person to pay to the Commissioner, following conviction of the person for an offence against this Act.
View history note
Hide history note