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StatuteCorporations Act 2001

Section 37 — Corporations Act 2001: Unclaimed money

Text of the provision Official document

(1) On and from the transfer date, section 414 applies to a sum or other property that, immediately before the transfer date, is covered by section 414 as applied by: (a) section 337 of the Financial Institutions Code of a State or Territory; or (b) section 399 of the Friendly Societies Code of a State or Territory. (2) On and from the transfer date, section 544 applies to an amount of money that, immediately before the transfer date, is covered by section 544 as applied by: (a) section 342 of the Financial Institutions Code of a State or Territory; or (b) section 403 of the Friendly Societies Code of a State or Territory. (3) Sections 414 and 544, as applied by this clause, apply as if: (a) references to Part 9.7 were references to the unclaimed money law of the State or Territory; and (b) references to the Commission or ASIC were references to the Minister administering the unclaimed money law of the State or Territory. (4) In this clause: unclaimed money law means: (a) the Unclaimed Money Act 1995 of New South Wales; or (b) the Unclaimed Moneys Act 1962 of Victoria; or (c) Part 8 of the Public Trustee Act 1978 of Queensland; or (d) the Unclaimed Money Act 1990 of Western Australia; or (e) the Unclaimed Moneys Act 1891 of South Australia; or (f) the Unclaimed Moneys Act 1918 of Tasmania; or (g) the Unclaimed Moneys Act 1950 of the Australian Capital Territory; or (h) the Companies (Unclaimed Assets and Moneys) Act 1963 (NT).

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.