Commonwealth legislation

Unclaimed Money Days and Scheduled Statement Days

In ForceCTH

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

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This instrument sets the two calendar days when superannuation balances are treated as ‘unclaimed money’ (31 December and 30 June) and fixes the corresponding deadlines for providers to lodge statements and pay amounts to the ATO: 30 April following a 31 December day, and 31 October for a 30 June day. It applies to all entities covered by the Act’s definition of “superannuation provider”; those providers bear the compliance and cash‑flow timing obligations created by these dates.

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Unclaimed Money Days and Scheduled Statement Days

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Unclaimed Money Days and Scheduled Statement Days

I, Tim Dyce, Deputy Commissioner of Taxation, make the following Legislative Instrument regarding:

unclaimed money days; and
scheduled statement days

so that superannuation providers can determine the unclaimed money of their members, the due date for lodging unclaimed money statements and the due date for paying unclaimed money in accordance with:

Superannuation (Unclaimed Money and Lost Members) Act 1999

Section 15A

Citation
This instrument may be cited as ‘Unclaimed Money Days and Scheduled Statement Days'.

Application

This instrument applies to a ‘superannuation provider’ as defined in section 8 of the Superannuation (Unclaimed Money and Lost Members) Act 1999.

Unclaimed money days

For section 15A of the Superannuation (Unclaimed Money and Lost Members) Act 1999 the unclaimed money days shall be:

31 December, and
30 June

in each year.

Dates for lodgement of statements and payments by superannuation providers

For section 15A of the Superannuation (Unclaimed Money and Lost Members) Act 1999 the scheduled statement days shall be:

for an unclaimed money day being 31 December of any year – 30 April of the following year, and
for an unclaimed money day being 30 June of any year – 31 October of that year.

Dated this 16th day of October 2009

Tim Dyce
Deputy Commissioner of Taxation

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Unclaimed Money Days and Scheduled Statement Days

Unclaimed Money Days and Scheduled Statement Days

I, Tim Dyce, Deputy Commissioner of Taxation, make the following Legislative Instrument regarding:

unclaimed money days; and
scheduled statement days

Superannuation (Unclaimed Money and Lost Members) Act 1999

Section 15A

Citation
This instrument may be cited as ‘Unclaimed Money Days and Scheduled Statement Days'.

Application

This instrument applies to a ‘superannuation provider’ as defined in section 8 of the Superannuation (Unclaimed Money and Lost Members) Act 1999.

Unclaimed money days

For section 15A of the Superannuation (Unclaimed Money and Lost Members) Act 1999 the unclaimed money days shall be:

31 December, and
30 June

in each year.

Dates for lodgement of statements and payments by superannuation providers

For section 15A of the Superannuation (Unclaimed Money and Lost Members) Act 1999 the scheduled statement days shall be:

for an unclaimed money day being 31 December of any year – 30 April of the following year, and
for an unclaimed money day being 30 June of any year – 31 October of that year.

Dated this 16th day of October 2009

Tim Dyce
Deputy Commissioner of Taxation