Unclaimed super money statements – penalties

The Superannuation (Unclaimed Money and Lost Members) Act 1999 and the Taxation Administration Act 1953 provide for offences and administrative penalties if you:

  • fail to lodge and pay an unclaimed super money statement by the due date
  • give a statement to the ATO that is false or misleading in a material particular
  • do not keep adequate and correct records.

See also:

Last modified: 08 Sep 2015QC 24764