{"id":"F1996B00326","name":"Banking (Unclaimed Moneys) Regulations","slug":"f1996b00326","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"117 of 1992","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":331025,"registerId":"commonwealth-F1996B00326-current","compilationNumber":null,"startDate":"2026-04-08","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Banking (Unclaimed Moneys) Regulations","content":"Statutory Rules 1992 No. 1171\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nBanking (Unclaimed Moneys) Regulations\n\nI, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Banking Act 1959.\n\nDated 21 April 1992.\n\nBILL HAYDEN\n\nGovernor-General\n\nBy His Excellency’s Command,\n\nR. McMULLAN\n\nParliamentary Secretary to the Treasurer\n\nfor and on behalf of the\n\nTreasurer\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nCitation\n\n1. These Regulations may be cited as the Banking (Unclaimed Moneys) Regulations.\n\n\\[NOTE: These Regulations commence on gazettal: see Acts Interpretation Act 1901, s. 48\\]\n\n  \nInterpretation\n\n2. In these Regulations:\n\n“the Act” means the Banking Act 1959.\n\nProcedure for giving notice of unclaimed moneys\n\n3. For the purposes of paragraph 69 (9) (b) of the Act, the prescribed manner in which particulars of every sum shown in a statement delivered under section 69 of the Act are to be made available to the public is by:\n\n(a) publishing the particulars in the form of a booklet; and\n\n(b) publishing in the Gazette a notice:\n\n(i) stating that the booklet has been published in accordance with that paragraph; and\n\n(ii) giving details of how to obtain copies of it.\n\nNOTE\n\n1. Notified in the Commonwealth of Australia Gazette on 28 April 1992.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1581},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The regulations maintain their original narrow scope of prescribing the publication procedure for unclaimed moneys notices under section 69(9)(b) of the Banking Act 1959."},"complexity_factors":["Only 3 sections total","Single defined term ('the Act')","No conditional logic or exceptions","Single procedural requirement with two straightforward steps"],"plain_english_summary":"These regulations set out how banks must tell the public about **unclaimed money** (funds in bank accounts that haven't been touched for years and whose owners can't be found).\n\nWhen a bank reports unclaimed money to the government under the Banking Act 1959, it must:\n- Publish the details in a **booklet**; and\n- Put a notice in the **Government Gazette** (the official public record) saying the booklet exists and explaining how people can get a copy.\n\nThis ensures people have a way to check if they have forgotten money sitting in old bank accounts."}},"importantCases":[],"_links":{"self":"/api/acts/f1996b00326","history":"/api/acts/f1996b00326/history","analysis":"/api/acts/f1996b00326/analysis","conflicts":"/api/acts/f1996b00326/conflicts","importantCases":"/api/acts/f1996b00326/important-cases","documents":"/api/acts/f1996b00326/documents"}}