Commonwealth Consolidated Acts

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SMALL SUPERANNUATION ACCOUNTS ACT 1995 - SECT 33

Deposit not held on trust etc.

             (1)  A deposit, or purported deposit, made in respect of an individual:

                     (a)  is not held on trust; and

                     (b)  is not special public money for the purposes of section 16 of the Financial Management and Accountability Act 1997 .

             (2)  A deposit, or purported deposit, made in respect of an individual is not repayable or refundable except as provided by this Act.


 

   



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