12Publication of information relating to unclaimed money

12 Publication of information relating to unclaimed money

12 Publication of information relating to unclaimed money

(1) The Chief Commissioner must publish sufficient information about the existence of each sum of unclaimed money paid to the Chief Commissioner under this Act if—

(a) the amount exceeds $100 or another amount prescribed by the regulations, and

(b) the identity of the owner of the money is known.

(2) The Chief Commissioner may also publish sufficient information about the existence of each sum of unclaimed money if—

(a) the amount—

(i) does not exceed $100 and is specified in a return under section 10(1AA) and paid to the Chief Commissioner, or

(ii) is paid to the Treasurer under the Legal Profession Uniform Law Application Act 2014, section 14 or the Trustee Companies Act 1964, section 26, and

(b) the identity of the owner of the money is known.

(3) The Chief Commissioner may determine how information is published under this section.

Example—

Information may be published on Revenue NSW’s website.

(4) In this section—

sufficient information means information the Chief Commissioner considers sufficient to give reasonable notice of sums of unclaimed money.

s 12: Am 2001 No 22, Sch 5 [1]–[3]; 2003 No 80, Sch 7 [2]; 2010 No 46, Sch 12 [1]; 2015 No 7, Sch 2.43 [1]; 2016 No 14, Sch 6 [3]. Subst 2023 No 18, Sch 10[3].