The Companies (Unclaimed Assets and Moneys) Act provides for the:
| - | payment by companies whose head or principal office is in the Northern Territory of certain unclaimed monies to the Treasurer of the Northern Territory; | |
| - | record keeping of the associated information; and | |
| - | payment to the rightful owners of those moneys. |
For a summary of the key elements of the scheme including type of unclaimed moneys that the Act applies to, click here.
For more information on companies record keeping responsiblities and procedures on the transfer and lodgement of unclaimed moneys, click here.
The Unclaimed Superannuation Benefits Act came into effect on 13 May 1998. The purpose of the Act is to provide for the payment by NT based fund managers of certain unclaimed superannuation moneys to the Treasurer of Northern Territory, the record keeping of the associated information and for payment to the beneficiaries of those moneys.
It is important to note that superannuation moneys do not become unclaimed until they are due to be paid, that being upon the death of the member or them reaching the age of 65 (60 years for females prior to 29 August 2002).
If you are searching for unclaimed or lost superannuation benefits that do not meet the above criteria for transfer to the Treasurer, click here for other contacts that may be able to assist with your search.
For details on fund manager's responsibilities in transferring unclaimed
superannuation moneys, click here.