Lodge Unclaimed Money : New South Wales Office of State Revenue OSR

Name of the Organization : New South Wales Office of State Revenue
Type of Facility : Lodge Unclaimed Money
Country : Australia

Website : http://www.osr.nsw.gov.au/taxes/payroll

Lodge Unclaimed Money :

Unclaimed money is money held in an account that has been inactive for at least 6 years. Once the 6 years have passed, it is deposited with us. However, trust money held by a licensee (eg. estate agent) under the Property Stock and Business Agents Act 2002 is deposited with us if it has been held for more than 2 years.

Related : OSR New South Wales Office of State Revenue Land Tax Online : www.statusin.org/7014.html

Trust money held by a former licensee or personal representative of a deceased licensee must be lodged within 3 months after the date the person ceased to be a licensee or became a personal representative of a deceased licensee.

Accounts with $100 or less are not classed as unclaimed money. However, this $100 limit does not apply to trust money held under the Property Stock and Business Agents Act 2002 or superannuation funds.

Superannuation:
Superannuation becomes unclaimed:
** for a member:
** ** when they have reached the eligibility age of 65 years
** ** no contributions have been received or defined benefit accrued for two years
** ** no contact has been made with the member for five years, despite reasonable efforts by the provider.

For a non-member spouse:
** ** in cases of a payment split as a result of a determination under the Family Law Act 1975
** when they (or their legal representative, if they are deceased) are entitled to be paid an amount
** the superannuation provider, after reasonable efforts and time, is unable to ensure the benefit is received by the non-member or any other person entitled to receive it.

For a deceased member:
** ** the superannuation provider determines that an immediate benefit (other than a pension or annuity) is required to be paid
** ** no contributions have been received or defined benefits accrued for two years
** ** the superannuation provider, after reasonable efforts and time, is unable to ensure the benefit is received by the person entitled to receive it.

What type of money do you hold?:
We hold the following types of money:
** dividends
** principal and interest
** trust account funds
** expenses
** refunds and overpayments
** deposits and premiums
** unpresented cheques
** proceeds of sale
** royalties
** commissions
** creditors
** debentures
** bonds
** convertible notes
** superannuation lodged between 1 July 1997 and 30 June 2007
** New South Wales (NSW) Public Sector Superannuation.

Note: unclaimed Non-NSW Public Sector Superannuation after 1 July 2007 is lodged with the Australian Tax Office.

How long do I have to claim my unclaimed money?:
You have 6 years from the time we receive the unclaimed money to lodge a claim. Please note there is no time limit for unclaimed superannuation benefits.

Search & Claim : http://www.osr.nsw.gov.au/ucm/search

Who needs to lodge unclaimed money?:
All NSW enterprises and NSW Public Sector Superannuation Funds are legally required to lodge unclaimed money with us.

Lodge Here : http://www.osr.nsw.gov.au/ucm/lodge