Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 1061ZZCI

Notification of amount outstanding

             (1)  The Secretary must give to a person who is a party to a financial supplement contract with a participating corporation a notice of an amount outstanding under the contract that exists on:

                     (a)  1 June in the year following the year in which the contract was made; or

                     (b)  1 June in any of the following 3 years.

             (2)  The notice must state the amount outstanding under the contract at that date.



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