Unclaimed superannuation money protocol

General principles

The general principle of this part of the SUMLMA is that where:

• the Commissioner gives a notice under section 20C notice to a super provider
• because there are reasonable grounds for believing that the person has a super interest in the fund, and
• the person is a former temporary resident
• the super provider must give a statement to the Commissioner, in the approved form by the required scheduled statement day, in respect of the identified members. 

Additionally, unless the member has withdrawn their benefit prior to the scheduled statement day, or the section 20C notice has been revoked, the super provider must also pay amounts to the Commissioner in respect of the member.

Sections within Unclaimed superannuation money of former temporary residents

• The law
• General principles
• Reporting
• Payment
• Correcting errors
• Penalty