NSW TRUSTEE AND GUARDIAN ACT 2009 - SECT 100 Unclaimed personal effects and money
NSW TRUSTEE AND GUARDIAN ACT 2009 - SECT 100
Unclaimed personal effects and money100 Unclaimed personal effects and money
(cf PE Act, s 44)
(1) The NSW Trustee may sell all personal effects in the hands of the NSW Trustee belonging to a person, and not claimed within 2 years from the date of termination of management of the estate of the person. The proceeds of the sale must be paid into the Consolidated Fund.
(2) All money standing to the credit of the current account of a person in the common fund at the end of 6 years from the date of termination of the management of the estate of the person must be paid to the Consolidated Fund.
(3) The owner of the proceeds of a sale referred to in subsection (1) or of any money referred to in subsection (2) is, on proving ownership, entitled to recover the proceeds or money from the Treasurer.
(4) Any such proceeds are, or money is, appropriated from the Consolidated Fund for the purpose of enabling its payment to the person and the Treasurer may withdraw the proceeds or money from the Consolidated Fund and pay the proceeds or money to the person accordingly.