Tax Laws Amendment (Simplified Superannuation) Act 2007 (9 of 2007)
Schedule 7 Portability and unclaimed money
Superannuation (Unclaimed Money and Lost Members) Act 1999
6 Subsection 13(1)
Repeal the subsection, substitute:
(1) A superannuation provider in relation to a fund must make reasonable efforts to contact a member of the fund if:
(a) paragraphs 12(1)(a) and (c) are satisfied in relation to the member; and
(b) 5 years have passed since the provider last had contact with the member.
Note: The heading to section 13 is amended by omitting to ensure that the member receives the benefit and substituting to contact the member or to ensure that a benefit is received .
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