44Bank not liable in respect of certain payments out of account of deceased pensioner

44 Bank not liable in respect of certain payments out of account of deceased pensioner

(1) In this section:

bank has the same meaning as in the Public Governance, Performance and Accountability Act 2013.

primary pension means a pension payable to a pensioner.

(2) Where: (a) after the death of a retirement pensioner, an amount purporting to be an instalment of primary pension payable to the pensioner on a pension pay day not later than the 7th pension pay day after his or her death is paid into an account of the pensioner with a bank; and (b) the bank pays, out of that account, to the spouse of the deceased pensioner an amount not exceeding the amount so paid into the account; then, in spite of any other law, the bank is not liable to the Commonwealth, the personal representative of the deceased pensioner or anyone else for any loss incurred because of the payment of that amount to the spouse of the pensioner.