Homeโ€บActsโ€บDisposal of Uncollected Goods Amendment Act 2016

๐Ÿ“˜ Disposal of Uncollected Goods Amendment Act 2016

043 of 2016Assented 1 December 2016

This Act amends the Disposal of Uncollected Goods Act 1970, increasing the threshold for what is considered a 'relevant amount' from $300 to $3500, impacting how uncollected goods are handled.

Impact

Businesses and individuals who store or handle uncollected goods are affected. The increased threshold changes the procedures required for disposal, potentially reducing administrative burden for lower-value items and increasing protection for owners of higher-value items.

Sectors
financejusticeother
This Act originated as a bill
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