13Liability in respect of unclaimed money

13 Liability in respect of unclaimed money

13 Liability in respect of unclaimed money

(1) An enterprise that pays unclaimed money to the Chief Commissioner in compliance with this Act is relieved from all further liability (other than a liability arising under any other law) in respect of the money concerned.

(2) However, this section does not operate to relieve an enterprise from—

(a) any obligation to comply with section 11 or a requirement, notice or direction under Part 5, or

(b) liability in respect of money paid to the Chief Commissioner in purported compliance with this Act if the Chief Commissioner repays the money to the enterprise under Part 4.