Interest is paid
on unclaimed money, calculated from 1 July 2013.
From 1 July 2013 you are paid interest
on unclaimed money held by ASIC.
If you have found a record
on our unclaimed money search in the name of a deregistered company acting as trustee for a trust or superannuation fund, there are a number of considerations as to who can make a claim.
If you have found a record
on our unclaimed money search in the name of a deregistered company and you are a former shareholder or officeholder, you may have a claim to the money.
ASIC will also accept official documents that you can request from other organisations, as long as the document includes the date of birth and address as it appears
on the unclaimed money record:
If you have found a record
on our unclaimed money search in the name of a deregistered business, the former proprietors of the business at the time of deregistration may be entitled to claim.
Not exact matches
A quick glance at the
unclaimed funds list
on the New York State Comptroller's website finds a large number of them are owed some of this «lost
money.»
Funding mechanisms for enforcement would include a check box
on tax forms for publically - funded campaigns,
money from the
unclaimed funds property fund and a ten percent surcharge for certain state Supreme Court cases.
If you have found your name
on ASIC's
unclaimed money search and the
money is from a life insurer or friendly society, you will need to approach the relevant institution.
To find out more see changes to
unclaimed money laws
on the ASIC website.
If you have found a name
on ASIC's
unclaimed money search that is relevant to you and the
money is listed as «Company
money» or «Company gazette», here's how to claim it.
If you have found your name
on ASIC's
unclaimed money online search and the
money is from a life insurance policy, here's how to claim it and what
money may be held.
Unclaimed money records are published
on ASIC's MoneySmart website so people can find their lost
money.
The insurance proceeds that fail to reach policyholders or their nominees
on time because of various reasons are the result of this
unclaimed money.
Could it be that even though they have the means, the social security master death file, to check weekly
on policy owner deaths, that they just sit
on money from
unclaimed life insurance?
Anything that was reported to the IRS
on a tax form could be an area where
unclaimed money could be hiding.