Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) A person who claims to be entitled to an amount paid to the Funds Management Committee under section 259(1) may apply to the Committee for payment of the amount.
(2) Also, the Committee may, with the written approval of the Statutory Supervisor, use any unclaimed amount to find any person entitled to it.
(3) Payment of an unclaimed amount to a person who has satisfied the Committee as to the person's entitlement to it:
(a) discharges the Territory and the Committee from any liability in relation to the amount; and
(b) does not discharge the person from any liability to another person who establishes a right to the amount.
(4) The Committee may require any person to give information the person has, or can obtain, about:
(a) the entitlement of another person to an unclaimed amount paid to the Committee under this section; and
(b) attempts made to locate the other person.
(5) The person is guilty of an offence if the person:
(a) contravenes the requirement; or
(b) in purported compliance with the requirement, gives information to the Committee knowing the information:
(i) is misleading in a material particular; or
(ii) omits anything without which the information is misleading in a material particular.
Maximum penalty: 20 penalty units.
(6) If the Committee refuses an application made under subsection (1), the Committee must give the applicant an information notice for the decision.