New South Wales Consolidated Acts

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PROPERTY, STOCK AND BUSINESS AGENTS ACT 2002 - SECT 99

Repayment of unclaimed trust money

99 Repayment of unclaimed trust money

(1) The Director-General must, on application by a person entitled to an amount of money paid under this Division into the Compensation Fund or the Consolidated Fund, pay that amount to the person out of the Compensation Fund.
(2) When an amount is paid out of the Compensation Fund in respect of an amount that has been paid into the Consolidated Fund, the Treasurer must, on application by the Director-General, pay that amount to the Director-General out of the Consolidated Fund (which is appropriated accordingly) for payment into the Compensation Fund.



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