Statute
Section 1339 — Corporations Act 2001: ASIC to deal with unclaimed property
Text of the provision Official document
(1) Unclaimed property held by ASIC is to be dealt with in accordance with this Part. Note: Unclaimed property is held by ASIC for and on behalf of the Commonwealth (see subsections 8(3) and (4) of the ASIC Act). (2) If property (other than money) becomes unclaimed property, ASIC must, on behalf of the Commonwealth, sell or dispose of the property as ASIC thinks fit.
Official source: Federal Register of Legislation
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