Unclaimed money
(1) If a person who is or was an approved work sponsor has not paid an amount in relation to a sponsorship obligation because the person does not know the location of the intended recipient, the person may pay the amount to the Commonwealth. (2) The Commonwealth holds the amount in trust for the intended recipient. (3) Payment of the amount to the Commonwealth is a sufficient discharge to the person, as against the intended recipient, for the amount paid.
Sourced from the Federal Register of Legislation at 26 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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